QIFU TECHNOLOGY INC (QFIN)
US88557W1018 - ADR
We assign a technical rating of 10 out of 10 to QFIN. Both in the recent history as in the last year, QFIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that QFIN is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, QFIN also shows a nice and consistent pattern of rising prices.
QFIN is part of the Consumer Finance industry. There are 52 other stocks in this industry. QFIN outperforms 96% of them.
QFIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so QFIN is leading the market.
In the last month QFIN has a been trading in the 33.00 - 40.31 range, which is quite wide. It is currently trading near the high of this range.
QFIN has an average volume of 1463510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, QFIN also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 38.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
6 important support areas can be observed.
- A support zone ranging from 37.25 to 38.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.60 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.94 from a trend line in the daily time frame.
- Support @31.88 from a trend line in the daily time frame.
- Support @23.25 from a trend line in the weekly time frame.
- Support @13.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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
CRS97.1
Mansfield5.47
10 Day High40.31
10 Day Low37.18
20 Day High40.31
20 Day Low33
52 Week High40.31
52 Week Low13.71
Performance
1 Week-1.54%
2 Weeks3.86%
1 Month8.63%
3 Month48.49%
6 Month93.57%
12 Month155%
2 Year87.87%
3 Year66.81%
5 Year291.51%
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)-0.09
RSI(14)57.44
LBB35.61
UBB39.93
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 |
|---|---|---|---|
| 39.81 | 37.24 | 2.57 (6.46%) | 15.49% |
| An entry @39.81. This is a Buy Stop order right above the resistance zone. | An exit @37.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.57 points, which is 6.46%. | When investing 15.49% 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 (12/20/2024, 8:00:01 PM)
After market: 38.25 0 (0%)38.25
+0.34 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.9%
1 Week-1.54%
2 Weeks3.86%
1 Month8.63%
3 Month48.49%
6 Month93.57%
12 Month155%
2 Year87.87%
3 Year66.81%
5 Year291.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%4.36%
ATR Inc2.2%
Range Today2.22
ADR(20)1.45
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.1
Mansfield5.47
10 Day High40.31
10 Day Low37.18
20 Day High40.31
20 Day Low33
52 Week High40.31
52 Week Low13.71
CS1 End38.24
CR1 Start39.8
Volume & EV
DER(3)-4.88%
DER(5)-3.59%
Volume1.82M
Volume Incr12.28%
Vol(5)1.83M
Vol(50)1.46M