We assign a technical rating of 1 out of 10 to QH. QH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 very little resistance above the current price. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
1.08
We found 1 important support 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 | 0.41 | NEGATIVE | QH has a low relative strength, it was outperformed by 99.59% 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) | DOWN | NEGATIVE | The current price of QH is below 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) | 41.35 | NEUTRAL | The RSI value for QH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.58 | OVERSOLD | The low Stochastics value suggests QH may be oversold. |
| Average True Range in percent/ATR (20) | 18.3 | HIGH VOLATILITY | The high ATR as a percentage value for QH suggests high volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for QH suggests a weak or negative trend. |
1.17
-0.02 (-1.68%)
ChartMill assigns a technical rating of 1 / 10 to QH.
The current trend direction for QUHUO LTD-ADR (QH) is Bearish.
QUHUO LTD-ADR (QH) has an RSI value of 41.3471. This indicates that the stock is currently neutral.
The short term momentum for QUHUO LTD-ADR (QH) is negative.
The buy/sell signal for QUHUO LTD-ADR (QH) is sell as both the short term and long term trends are negative.