Qudian Inc (QD): Price Up $0.01 (0.67)% Over Past Day, Down $-0.01 (-0.66)% Over Past Hour

The Hourly View for QD

Currently, QD (Get Ratings)’s price is down $-0.01 (-0.66%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

QD ranks 104th in terms of today’s price percentage change out of Banking stocks.

QD’s Technical Outlook on the Daily Chart

Currently, QD’s price is up $0.01 (0.67%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows QD’s price action over the past 90 days.