QILIAN INTERNATIONAL HOLDING (QLI) Stock Technical Analysis
USA - NASDAQ:QLI - KYG7307E1237 - Common Stock
We assign a technical rating of 10 out of 10 to QLI. Both in the recent history as in the last year, QLI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, QLI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
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.
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. |
NASDAQ:QLI (8/9/2024, 8:09:24 PM)
5.41
-0.35 (-6.08%)
QILIAN INTERNATIONAL HOLDING / QLI FAQ
What is the ChartMill technical rating of QILIAN INTERNATIONAL HOLDING (QLI) stock?
ChartMill assigns a technical rating of 10 / 10 to QLI.
What is the current trend direction of QILIAN INTERNATIONAL HOLDING (QLI) stock?
The current trend direction for QILIAN INTERNATIONAL HOLDING (QLI) is Bullish.
What is the RSI signal for 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.
What is the support and resistance level for QLI stock?
QILIAN INTERNATIONAL HOLDING (QLI) has a support level at 5.4 and a resistance level at 6.1. Check the full technical report for our detailed analysis of QLI support and resistance levels.