QILIAN INTERNATIONAL HOLDING (QLI) Technical Analysis
NASDAQ:QLI • KYG7307E1237
Current stock price
QLI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to QLI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QLI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that QLI is one of the better performing stocks in the market, outperforming 93% of all stocks.
- QLI is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. QLI outperforms 81% of them.
- QLI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so QLI is performing more or less in line with the market.
- In the last month QLI has a been trading in the 4.18 - 6.69 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.
QLI Weekly and Daily overview Charts
QLI Setup Rating and Analysis
Besides having an excellent technical rating, QLI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.10. Right above this resistance zone may be a good entry point.
More info and screens
QLI Support and Resistance Analysis
2.82
When analyzing the support we can see 6 important areas.
- A support zone ranging from 5.40 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.64 from a trend line in the weekly time frame.
- Support @3.39 from a trend line in the daily time frame.
- Support @3.21 from a trend line in the daily time frame.
- Support @3.11 from a trend line in the weekly time frame.
- Support @2.85 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.10 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
QLI Technical Indicator Signal Analysis
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 QLI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QLI is up. |
| ChartMill Relative Strength | 93.62 | POSITIVE | QLI has a high relative strength, it outperformed 93.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QLI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QLI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for QLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests QLI has a negative trend. |
| Stochastics (14,3) | 41 | NEUTRAL | The Stochastics value for QLI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.99 | HIGH VOLATILITY | The high ATR as a percentage value for QLI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for QLI suggests a strong trend. |
QLI Chart- and CandleStick Pattern Analysis
QLI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:QLI (8/9/2024, 8:09:24 PM)
5.41
-0.35 (-6.08%)
QILIAN INTERNATIONAL HOLDING / QLI TA FAQ
What is the ChartMill technical rating of QILIAN INTERNATIONAL HOLDING (QLI) stock?
ChartMill assigns a technical rating of 10 / 10 to QLI.
Can you provide the trend direction for QILIAN INTERNATIONAL HOLDING?
The current trend direction for QILIAN INTERNATIONAL HOLDING (QLI) is Bullish.
What is the RSI signal for QILIAN INTERNATIONAL HOLDING (QLI) stock?
QILIAN INTERNATIONAL HOLDING (QLI) has an RSI value of 50.2553. This indicates that the stock is currently neutral.
What is the MACD signal for QLI stock?
The MACD indicator for QILIAN INTERNATIONAL HOLDING (QLI) has a value of -0.121561, indicating a bearish trend.
Can you provide the buy/sell signal for QILIAN INTERNATIONAL HOLDING?
The buy/sell signal for QILIAN INTERNATIONAL HOLDING (QLI) is buy as both the short term and long term trends are positive.