Ruhnn Holding Ltd ADR (RUHN) Stock Technical Analysis
NASDAQ:RUHN - Nasdaq -
Overall RUHN gets a technical rating of 5 out of 10. Although RUHN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RUHN has only a medium technical rating, but it does show 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 3.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RUHN 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.
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2.85
3 important support areas can be observed.
- A support zone ranging from 3.36 to 3.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.26 to 3.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.44 to 3.47. 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 RUHN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RUHN is neutral. |
| ChartMill Relative Strength | 16.59 | NEGATIVE | RUHN has a low relative strength, it was outperformed by 83.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RUHN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RUHN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RUHN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.55 | NEUTRAL | The RSI value for RUHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RUHN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.8 | NEUTRAL | The Stochastics value for RUHN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for RUHN suggests low volalility. |
3.4
+0.03 (+0.89%)