QIHOO 360 TECHNOLOGY CO LTD (QIHU) Stock Technical Analysis
NYSE:QIHU - New York Stock Exchange, Inc. - US74734M1099
We assign a technical rating of 7 out of 10 to QIHU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QIHU is only an average performer.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by QIHU, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month QIHU has a been trading in the 71.28 - 76.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
QIHU has an average volume of 2711810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that QIHU is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QIHU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
69.75
77.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 71.75 to 73.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.93 to 76.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for QIHU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QIHU is up. |
| ChartMill Relative Strength | 74.92 | POSITIVE | QIHU has a high relative strength, it outperformed 74.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QIHU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QIHU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QIHU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.42 | NEUTRAL | The RSI value for QIHU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests QIHU has a positive trend. |
| Stochastics (14,3) | 83.99 | OVERBOUGHT | The high Stochastics value suggests QIHU may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for QIHU suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
76.92
+0.23 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week6.33%
2 Weeks5.3%
1 Month5.18%
3 Month1.83%
6 Month10.01%
12 Month23.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%1.24%
ATR Inc98.45%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.92
Mansfield0.78
10 Day High76.94
10 Day Low71.28
20 Day High76.94
20 Day Low71.28
52 Week High76.94
52 Week Low41.64
CS1 End73.84
CR1 Start76.93
Volume & EV
DER(3)1.18%
DER(5)2.4%
Volume13.28M
Volume Incr310.93%
Vol(5)5.91M
Vol(50)2.71M