360 Finance, Inc. (NASDAQ:QFIN): Caution Is Advised (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how QFIN has been trading over the last 2 weeks and the past day especially. On its latest session, 360 Finance, Inc. (NASDAQ:QFIN) opened at 10.15, reaching a high of 10.58 and a low of 10.07 before closing at a price of 10.15. There was a total volume of 846948.

VOLUME INDICATORS FOR 360 FINANCE, INC. (NASDAQ:QFIN): We saw an accumulation-distribution index of 24.12674, an on-balance volume of -10.2, chaikin money flow of 1.37209 and a force index of 0.1824. There was an ease of movement rating of 0.01074, a volume-price trend of 1.08172 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR 360 FINANCE, INC. (NASDAQ:QFIN): We noted an average true range of 0.23559, bolinger bands of 10.27113, an upper bollinger band of 9.64887, lower bollinger band of 10.07, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 10.26667, high band keltner channel of 9.83667, low band keltner channel of 10.69667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 10.07, a donchian channel low band of 10.07, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR 360 FINANCE, INC. (NASDAQ:QFIN): We calculated a Moving Average Convergence Divergence (MACD) of -0.00494, a MACD signal of -0.00274, a MACD difference of -0.00219, a fast Exponential Moving Average (EMA) indicator of 10.07, a slow Exponential Moving Average (EMA) indicator of 10.07, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.13894, a trix of 10.2937, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.96279, a KST Oscillator (KST) of 105.71685 and a KST Oscillator (KST Signal) of 105.71685 (leaving a KST difference of -6.03917). We also found an Ichimoku rating of 10.365, an Ichimoku B rating of 10.365, a Ichimoku visual trend A of 9.38099, an Ichimoku visual trend B of 9.36083, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR 360 FINANCE, INC. (NASDAQ:QFIN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.32824, a stochastic oscillator of 118.60465, a stochastic oscillator signal of 118.60465, a Williams %R rating of 18.60465 and an awesome oscillator of -0.09017.

RETURNS FOR 360 FINANCE, INC. (NASDAQ:QFIN): There was a daily return of 10.57169, a daily log return of -2.20893 and a cumulative return of -2.18471.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for 360 Finance, Inc. (NASDAQ:QFIN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling 360 Finance, Inc. (NASDAQ:QFIN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.