Guru Technical Research

Guru Technical Research
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QI WHO?

Price and moving averages:
QIHU 360 has closed below its short term moving average. 
Short term moving average is currently below mid term, AND below long term moving averages.
The relationship between price and moving averages is: bearish in short term, and bearish in mid-long term. 

Bollinger Bands:
QIHU 360 has closed above bottom band by 44.8%. 
Bollinger Bands are 5.1% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices. Thus it can be safe to say that this ticker continues to weaken.

Volume: anemic; the hope and short covering from the 28th of May is gone (80k traded).

CCI: -20.883; not strong enough to call a short, but when combined with all the other negatives...

Current rating is -3

  Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.

This commentary is not a recommendation to buy or sell. Use at your own risk.

Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.

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