Technical Analysis for QLI - Qilian International Holding Group Ltd.

Grade Last Price % Change Price Change
C 0.69 6.09% 0.04
QLI closed down 6.0 percent on Wednesday, May 8, 2024, on 4 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 6.09%
200 DMA Support Bullish 6.09%
Wide Bands Range Expansion 6.09%
Gapped Down Weakness 6.09%
Oversold Stochastic Weakness 6.09%
50 DMA Support Bullish -0.27%
Outside Day Range Expansion -0.27%
Wide Bands Range Expansion -0.27%
Gapped Down Weakness -0.27%
Oversold Stochastic Weakness -0.27%

   Recent Intraday Alerts

Alert Time
200 DMA Support 35 minutes ago
Rose Above 50 DMA 35 minutes ago
Up 5% 35 minutes ago
Up 3% 35 minutes ago
Up 2% 35 minutes ago

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Profile

Qilian International Holding Group Ltd. Description

Qilian International Holding Group Limited engages in the research, development, and production of active pharmaceutical ingredients (APIs) and traditional Chinese medicine derivative (TCMD) products in China. The company offers licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions. It also provides Qilian Shan oxytetracycline tablets to prevent and treat a range of diseases in chickens, turkeys, cattle, swine, and human; and Qilian Shan oxytetracycline APIs for pharmaceutical companies to manufacture medications. In addition, the company offers TCMD products, such as Ahan antibacterial paste to treat refractory chronic skin diseases; heparin products, including heparin sodium preparations for pharmaceutical companies to produce medications for cardiovascular diseases, cerebrovascular diseases, and hemodialysis; and sausage casings comprising Zhu Xiaochang sausage casings, which are natural food products for culinary application. Further, it provides Xiongguan organic fertilizers to enhance crop yield and soil's chemical properties, and reduce soil compaction; and Xiongguan organic-inorganic compound fertilizers to enhance plant growth. The company was incorporated in 2019 and is based in Jiuquan, the People's Republic of China.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Pharmaceutical Disease Health Sciences Medication Pharmacology Cardiovascular Disease Pharmaceutical Sciences Active Pharmaceutical Ingredients Hemodialysis Traditional Chinese Medicine Tablet Licorice Products Liquorice

Is QLI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.28
52 Week Low 0.3551
Average Volume 205,981
200-Day Moving Average 0.64
50-Day Moving Average 0.66
20-Day Moving Average 0.73
10-Day Moving Average 0.72
Average True Range 0.10
RSI (14) 45.05
ADX 22.8
+DI 16.35
-DI 20.06
Chandelier Exit (Long, 3 ATRs) 0.67
Chandelier Exit (Short, 3 ATRs) 0.92
Upper Bollinger Bands 0.86
Lower Bollinger Band 0.61
Percent B (%b) 0.15
BandWidth 33.29
MACD Line 0.00
MACD Signal Line 0.02
MACD Histogram -0.017
Fundamentals Value
Market Cap 23.24 Million
Num Shares 35.8 Million
EPS 0.04
Price-to-Earnings (P/E) Ratio 16.25
Price-to-Sales 0.35
Price-to-Book 0.35
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.72
Resistance 3 (R3) 0.73 0.71 0.71
Resistance 2 (R2) 0.71 0.69 0.71 0.71
Resistance 1 (R1) 0.68 0.68 0.67 0.67 0.70
Pivot Point 0.66 0.66 0.66 0.66 0.66
Support 1 (S1) 0.63 0.64 0.62 0.63 0.60
Support 2 (S2) 0.61 0.63 0.61 0.59
Support 3 (S3) 0.58 0.61 0.59
Support 4 (S4) 0.58