Overall QFIN gets a technical rating of 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than QFIN.
- QFIN is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 86% are performing better than QFIN.
- QFIN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month QFIN has a been trading in the 16.63 - 20.30 range, which is quite wide. It is currently trading near the lows of this range.
- QFIN has an average volume of 1867270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
16.59
We can see 3 important resistance areas.
- Resistance @17.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.41 to 18.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.66 to 19.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The short term trend for QFIN is down. |
| ChartMill Relative Strength | 6.27 | NEGATIVE | QFIN has a low relative strength, it was outperformed by 93.73% off all stocks 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) | 26.19 | OVERSOLD | The low RSI value suggests QFIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests QFIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.27 | OVERSOLD | The low Stochastics value suggests QFIN may be oversold. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for QFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for QFIN suggests a weak or negative trend. |
16.76
-0.13 (-0.77%)
QFIN HOLDINGS INC-ADR / QFIN FAQ
What is the technical rating for QFIN stock?
ChartMill assigns a technical rating of 0 / 10 to QFIN.
What is the current trend direction of QFIN HOLDINGS INC-ADR (QFIN) stock?
The current trend direction for QFIN HOLDINGS INC-ADR (QFIN) is Bearish.
Can you provide the RSI signal for QFIN HOLDINGS INC-ADR?
QFIN HOLDINGS INC-ADR (QFIN) has an RSI value of 26.1919. This indicates that the stock is currently oversold.
Can you provide the short term momentum for QFIN HOLDINGS INC-ADR?
The short term momentum for QFIN HOLDINGS INC-ADR (QFIN) is negative.
What is the buy/sell signal for QFIN stock?
The buy/sell signal for QFIN HOLDINGS INC-ADR (QFIN) is sell as both the short term and long term trends are negative.