QFIN was a top gainer, rising +76.93%. Expect Uptrend reversal
360 Finance Inc - ADR (QFIN, $14.19) was one of top quarterly gainers, jumping +76.93% to $14.19 per share. Tickeron A.I.dvisor analyzed 84 stocks in the Finance/Rental/Leasing Industry over the last three months, and discovered that 62 of them (74.14%) charted an Uptrend while 22 of them (25.86%) trended down. Tickeron A.I.dvisor found 37 similar cases when QFIN's price went up 15% within three months. In 37 out of those 37 cases, QFIN's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for QFIN are 90%.
QFIN in Downtrend: RSI indicator exits overbought zone
QFIN's price could be shifting from an uptrend to a downtrend. Traders may consider selling the ticker or exploring put options. Tickeron AI shows that
in 5 of 5 cases where QFIN's RSI Indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 90%.
QFIN in Downtrend: RSI indicator exits overbought zone
QFIN's price could be shifting from an uptrend to a downtrend. Traders may consider selling the ticker or exploring put options. Tickeron AI shows that
in 5 of 5 cases where QFIN's RSI Indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 90%.