Taking everything into account, QH scores 0 out of 10 in our technical rating. QH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, QH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QH in the last couple of days, which is a good sign.
1.07
We found 1 important support area.
We found 1 important resistance area.
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 QH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QH is down. |
| ChartMill Relative Strength | 0.33 | NEGATIVE | QH has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.3 | NEUTRAL | The RSI value for QH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests QH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.34 | NEUTRAL | The Stochastics value for QH is a neutral value. |
| Average True Range in percent/ATR (20) | 14.66 | HIGH VOLATILITY | The high ATR as a percentage value for QH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for QH suggests a weak or negative trend. |
1.13
+0.01 (+0.89%)
ChartMill assigns a technical rating of 0 / 10 to QH.
The current trend direction for QUHUO LTD-ADR (QH) is Bearish.
QUHUO LTD-ADR (QH) has an RSI value of 42.2973. This indicates that the stock is currently neutral.
The MACD indicator for QUHUO LTD-ADR (QH) has a value of 0.0515874, indicating a bearish trend.
The buy/sell signal for QUHUO LTD-ADR (QH) is sell as both the short term and long term trends are negative.