QFIN HOLDINGS INC-ADR (QFIN) Stock Technical Analysis
NASDAQ:QFIN - US88557W1018 - ADR
31.45 USD
+0.78 (+2.54%)
31.45 USD
0 (0%)
Taking everything into account, QFIN scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, QFIN is a bad performer in the overall market: 70% of all stocks are doing better.
QFIN is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 78% are performing better than QFIN.
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 1886610 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 28.46 - 36.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of QFIN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.86
46.51
We found 2 important support areas.
- Support @31.44 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.15 to 29.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @32.29 from a trend line in the daily time frame.
- Resistance @34.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.18 to 44.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 45.43 to 46.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for QFIN is down. |
| ChartMill Relative Strength | 30.14 | NEUTRAL | QFIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QFIN is below a declining 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) | 36.96 | NEUTRAL | The RSI value for QFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests QFIN has a positive trend. |
| Stochastics (14,3) | 32.97 | NEUTRAL | The Stochastics value for QFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for QFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 43.92 | POSITIVE | The high ADX value value for QFIN suggests a strong 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)
31.45
+0.78 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.54%
1 Week-1.56%
2 Weeks-5.81%
1 Month-10.58%
3 Month-26.03%
6 Month-25.01%
12 Month25.7%
2 Year85%
3 Year96.81%
5 Year151.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%4.58%
ATR Inc-14.02%
Range Today1.03
ADR(20)1.3
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.14
Mansfield-2.37
10 Day High34.95
10 Day Low28.46
20 Day High36.09
20 Day Low28.46
52 Week High48.94
52 Week Low24.3
CS1 End31.44
CR1 Start32.29
Volume & EV
DER(3)-2%
DER(5)-2.59%
Volume1.58M
Volume Incr33.85%
Vol(5)3.09M
Vol(50)1.89M