QFIN HOLDINGS INC-ADR (QFIN) Stock Technical Analysis
USA - NASDAQ:QFIN - US88557W1018 - ADR
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.
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
24.61
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 25.21 to 25.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.00 to 27.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.74 to 28.88. 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 30.24 to 30.33. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly 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 | DOWN | NEGATIVE | The short term trend for QFIN is down. |
| ChartMill Relative Strength | 10.59 | NEGATIVE | QFIN has a low relative strength, it was outperformed by 89.41% 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) | 44.26 | NEUTRAL | The RSI value for QFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QFIN has a positive trend. |
| Stochastics (14,3) | 29.97 | NEUTRAL | The Stochastics value for QFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for QFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.88 | POSITIVE | The high ADX value value for QFIN suggests a strong trend. |
24.86
-2.13 (-7.89%)
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 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 44.2561. 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 25.21 and a resistance level at 27. Check the full technical report for our detailed analysis of QFIN support and resistance levels.