Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Qutoutiao Inc. - American Depositary Shares (NASDAQ:QTT)
Bear Market Rally (-75) - QTT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTT
The long-term trend has been DOWN since May 10th, 2021 at 1.95
The intermediate-term trend has been UP since Oct 21st, 2021 at 1.06
The short-term trend has been DOWN since Oct 28th, 2021 at 1.02
Smart Scan Analysis for QTT
Based on our trend formula, QTT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20.39||Year High Date||2018-09-14|
|Year Low||4.5||Year Low Date||2018-11-29|
|52wk High||5.64||52wk High Date||2021-02-11|
|52wk Low||0.9011||52wk Low Date||2021-10-06|
|Average Volume||910,466||Market Cap||352M|