QIFU TECHNOLOGY INC (QFIN) Stock Technical Analysis
NASDAQ:QFIN - Nasdaq - US88557W1018 - ADR
Taking everything into account, QFIN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QFIN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, QFIN did better than 96% of all other stocks. On top of that, QFIN also shows a nice and consistent pattern of rising prices.
QFIN is one of the better performing stocks in the Consumer Finance industry, it outperforms 90% of 53 stocks in the same industry.
QFIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month QFIN has a been trading in the 35.34 - 39.54 range, which is quite wide. It is currently trading near the high of this range.
QFIN has an average volume of 1325770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QFIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 37.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.63
40.20
When analyzing the support we can see 5 important areas.
- A support zone ranging from 37.07 to 37.65. 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 35.52 to 36.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.27 from a trend line in the weekly time frame.
- Support @21.09 from a trend line in the weekly time frame.
- Support @13.77 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @38.99 from a horizontal line in the weekly time frame.
- Resistance @39.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.18
Mansfield4.38
10 Day High39.54
10 Day Low35.34
20 Day High39.54
20 Day Low35.34
52 Week High40.31
52 Week Low13.71
Performance
1 Week8.01%
2 Weeks0.8%
1 Month3.51%
3 Month11.95%
6 Month96.77%
12 Month165.89%
2 Year61.54%
3 Year96.97%
5 Year326.94%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)59.89
LBB35.46
UBB39.41
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.00 | 37.06 | 1.94 (4.97%) | 20.10% |
| An entry @39.00. This is a Buy Stop order right above the resistance zone. | An exit @37.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.94 points, which is 4.97%. | When investing 20.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
QIFU TECHNOLOGY INC
NASDAQ:QFIN (1/22/2025, 10:35:56 AM)
38.92
-0.06 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.15%
1 Week8.01%
2 Weeks0.8%
1 Month3.51%
3 Month11.95%
6 Month96.77%
12 Month165.89%
2 Year61.54%
3 Year96.97%
5 Year326.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%3.02%
ATR Inc10.42%
Range Today0.47
ADR(20)1.15
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.18
Mansfield4.38
10 Day High39.54
10 Day Low35.34
20 Day High39.54
20 Day Low35.34
52 Week High40.31
52 Week Low13.71
CS1 End37.65
CR1 Start38.99
Volume & EV
DER(3)-0.17%
DER(5)-1.43%
Volume244.60K
Volume Incr7.75%
Vol(5)1.16M
Vol(50)1.33M