QFIN HOLDINGS INC-ADR (QFIN) Stock Technical Analysis
USA - NASDAQ:QFIN - US88557W1018 - ADR
29.51 USD
-1.16 (-3.78%)
29.51 USD
0 (0%)
Overall QFIN gets a technical rating of 1 out of 10. QFIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than QFIN.
QFIN is one of the lesser performing stocks in the Consumer Finance industry. 88% of 55 stocks in the same industry do better.
QFIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
QFIN has an average volume of 1935190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month QFIN has a been trading in the 27.64 - 32.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, QFIN does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
28.08
45.88
When analyzing the support we can see 2 important areas.
- Support @28.88 from a trend line in the weekly time frame.
- Support @28.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.20 to 31.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.50 from a horizontal line in the daily time frame.
- Resistance @43.05 from a trend line in the daily time frame.
- Resistance @45.43 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for QFIN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QFIN is neutral. |
| ChartMill Relative Strength | 10.19 | NEGATIVE | QFIN has a low relative strength, it was outperformed by 89.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QFIN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QFIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QFIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.42 | NEUTRAL | The RSI value for QFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests QFIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.94 | NEUTRAL | The Stochastics value for QFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for QFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for QFIN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
29.51
-1.16 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-3.78%
1 Week-0.81%
2 Weeks-2.7%
1 Month2.57%
3 Month-31.55%
6 Month-22.85%
12 Month-11.01%
2 Year99.53%
3 Year190.45%
5 Year156.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%4.15%
ATR Inc26.61%
Range Today1.72
ADR(20)1.15
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.19
Mansfield-3.04
10 Day High32.69
10 Day Low28.73
20 Day High32.69
20 Day Low27.64
52 Week High48.94
52 Week Low27.64
CS1 End28.88
CR1 Start30.2
Volume & EV
DER(3)-1.66%
DER(5)-1.96%
Volume855.30K
Volume Incr-17.79%
Vol(5)1.43M
Vol(50)1.94M