QUHUO LTD-ADR (QH) Stock Technical Analysis
NASDAQ:QH • US74841Q3083
We assign a technical rating of 2 out of 10 to QH. In the past year, QH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- When comparing the yearly performance of all stocks, QH is a bad performer in the overall market: 94% of all stocks are doing better.
- QH is one of the lesser performing stocks in the Commercial Services & Supplies industry. 79% of 80 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month QH has a been trading in the 0.78 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QH 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 very little resistance above the current price. We notice that large players showed an interest for QH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.81
When analyzing the support we notice one important area.
- Support @0.82 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 QH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QH is neutral. |
| ChartMill Relative Strength | 6.51 | NEGATIVE | QH has a low relative strength, it was outperformed by 93.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QH is below the rising 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) | 54.04 | NEUTRAL | The RSI value for QH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QH has a positive trend. |
| Stochastics (14,3) | 58.97 | NEUTRAL | The Stochastics value for QH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for QH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for QH suggests a weak or negative trend. |
1.02
+0.09 (+9.36%)
QUHUO LTD-ADR / QH FAQ
Can you provide the ChartMill technical rating for QUHUO LTD-ADR?
ChartMill assigns a technical rating of 2 / 10 to QH.
Can you provide the trend direction for QUHUO LTD-ADR?
The current trend direction for QUHUO LTD-ADR (QH) is Bearish.
What is the RSI signal for QH stock?
QUHUO LTD-ADR (QH) has an RSI value of 54.0402. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QUHUO LTD-ADR?
The MACD indicator for QUHUO LTD-ADR (QH) has a value of 0.0305002, indicating a bearish trend.