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.
QFIN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.74. Right above this resistance zone may be a good entry point.
More info and screens
17.84
We found 2 important support areas.
- Support @18.96 from a trend line in the daily time frame.
- A support zone ranging from 18.02 to 18.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.74 to 19.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.06 from a trend line 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 | 6.58 | NEGATIVE | QFIN has a low relative strength, it was outperformed by 93.42% 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) | 38.88 | NEUTRAL | The RSI value for QFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests QFIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.02 | NEUTRAL | The Stochastics value for QFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for QFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for QFIN suggests a possible start of a new trend. |
18.99
+0.01 (+0.05%)
QFIN HOLDINGS INC-ADR / QFIN FAQ
What is the technical rating for QFIN stock?
ChartMill assigns a technical rating of 1 / 10 to QFIN.
What is the trend direction for 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 38.884. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for QFIN HOLDINGS INC-ADR (QFIN) stock?
QFIN HOLDINGS INC-ADR (QFIN) has a support level at 18.96 and a resistance level at 19.74. Check the full technical report for our detailed analysis of QFIN support and resistance levels.