QUHUO LTD-ADR (QH)       1.38  0 (0%)

1.38  0 (0%)

US74841Q2093 - ADR

Technical Rating

1

Taking everything into account, QH scores 1 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.



In the last month QH has a been trading in the 1.16 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
88% of all other stocks performed better in the past year than QH.
QH is one of the lesser performing stocks in the Commercial Services & Supplies industry. 83% of 99 stocks in the same industry do better.
QH is currently trading near the lower end of its 52 week range, which is not a good sign. QH is lagging the S&P500 Index which is trading in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 0.73% 15.00% -21.64% -78.78% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 12.76 1.07 - 7.3
QH Weekly chart
QH Daily chart

Support/Resistance Analysis


1.15

1.53
4 important support areas can be observed.
  • A support zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.26 from a horizontal line in the weekly time frame.
  • Support @1.19 from a horizontal line in the daily time frame.
  • Support @1.16 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
  • A resistance zone ranging from 1.42 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.51 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

7

Although the technical rating is bad, QH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone.


QH Daily chart

QUHUO LTD-ADR1.38

NASDAQ:QH (3/31/2023, 7:00:02 PM)0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
Today0%
1 Week5.34%
2 Weeks-2.13%
1 Month0.73%
3 Month15%
6 Month-21.64%
Volatility
ATR(14)0.14
ATR(20)%8.78%
ATR Inc-4.39%
Range Today0.12
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-4.98
10 Day High1.49
10 Day Low1.2
20 Day High1.55
20 Day Low1.16
52 Week High7.3
52 Week Low1.07
CS1 End1.32
CR1 Start1.42
Volume & EV
DER(3)-6.56%
DER(5)-3.01%
Volume43.00K
Volume Incr-44%
Vol(5)26.60K
Vol(50)57.65K

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