IQIYI INC. ADS

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	IQ
ISIN:

IQIYI INC. ADS - Daily - Technical analysis published on 06/24/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

61%

17%

22%

My opinion

Bearish under 19.12 USD

My targets

17.71 USD (-2.42%)

14.82 USD (-18.35%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IQIYI INC. ADS as long as the price remains well below 19.12 USD. The sellers” bearish objective is set at 17.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14.82 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The IQIYI INC. ADS rating is 18.15 USD. On the day, this instrument lost -0.60% and was traded between 18.00 USD and 18.53 USD over the period. The price is currently at +0.83% from its lowest and -2.05% from its highest.

18.00

18.53

18.15

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of IQIYI INC. ADS in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	14.82	17.71	18.15	19.12	22.71	27.71
Change (%)	-18.35%	-2.42%	-	+5.34%	+25.12%	+52.67%
Change	-3.33	-0.44	-	+0.97	+4.56	+9.56
Level	Minor	Major	-	Major	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.44	17.74	18.00	18.30	18.56	18.86	19.12
Camarilla	18.11	18.16	18.21	18.26	18.31	18.36	18.41
Woodie	17.42	17.73	17.98	18.29	18.54	18.85	19.10
Fibonacci	17.74	17.95	18.09	18.30	18.51	18.65	18.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.18	16.91	17.40	18.13	18.62	19.35	19.84
Camarilla	17.55	17.67	17.78	17.89	18.00	18.11	18.23
Woodie	16.06	16.85	17.28	18.07	18.50	19.29	19.72
Fibonacci	16.91	17.38	17.66	18.13	18.60	18.88	19.35

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	40.79
MACD (12,26,9):	-0.5700
Directional Movement:	-7.14
AROON (14):	64.28
DEMA (21):	17.66
Parabolic SAR (0,02-0,02-0,2):	17.75
Elder Ray (13):	-0.01
Super Trend (3,10):	20.11
Zig ZAG (10):	18.15
VORTEX (21):	0.8900
Stochastique (14,3,5):	58.11
TEMA (21):	17.93
Williams %R (14):	-43.27
Chande Momentum Oscillator (20):	0.49
Repulse (5,40,3):	-3.3000
ROCnROLL:	2
TRIX (15,9):	-0.5600
Courbe Coppock:	2.54

MA7:	18.19
MA20:	18.29
MA50:	20.30
MA100:	22.21
MAexp7:	18.20
MAexp20:	18.54
MAexp50:	19.89
MAexp100:	21.08
Price / MA7:	-0.22%
Price / MA20:	-0.77%
Price / MA50:	-10.59%
Price / MA100:	-18.28%
Price / MAexp7:	-0.27%
Price / MAexp20:	-2.10%
Price / MAexp50:	-8.75%
Price / MAexp100:	-13.90%

News

Don"t forget to follow the news on IQIYI INC. ADS. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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