Guru Technical Research

Guru Technical Research
Powered by Blogger.

QIHU upgrade on new movement


Tech Rating: 1.5
Previously rated bearish

Price and moving averages:
QIHU(QIHU 360) has closed above its short term moving average. However, when combined with volume behind recent positive days, the GURU MACD signal going positive along with rising GURU stochastics, there may be a new trend developing.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is neutral in short term, and bearish in mid-long term.  

Bollinger Bands:
QIHU has closed below upper band by 32.9% and Bollinger Bands are 30.3% narrower than normal.
Nothing yet to get excited about here in the BB department

CCI is now in neutral range with a value of 21.9

MACD
Crossovers:
    Currently MACD is bullish since it is trading above its signal line.
    MACD crossed above its signal line 4 period(s) ago.
       Since MACD crossed its moving average, QIHU's price has increased 1.35%
       and has ranged from a high of 91.120 to a low of 84.200
Overbought/Oversold:
    MACD is not in an Overbought/Oversold range.
Divergence:
  There have been no divergence signals within the past trading week.

 
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. 

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.

0 comments:

Post a Comment