Not investment advice. Free educational tool; signals are automated and may contain errors. Disclaimer

MFHMercurity Fintech Holding Inc ADR

NASDAQDaily chart
Range low retest · 26 Oct 2023

MFH slipped below its $1.16 – $2.99 range and came back to test the low on 26 Oct 2023.

Range low
$1.16
support
Range high
$2.99
158% above the low
In the range since
Apr 2023
1 yr 9 mo
Close on retest day
$0.9107
21% below the range low
  • 3 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
31 Oct 2024Still open——
26 Apr 202316 Jan 2025 · 1 yr 9 moBroke above the range at $8.8626 Oct 2023
17 May 202213 Jun 2023 · 1 yr 1 moBroke above the range at $2.99—

Retest signals

  • 26 Oct 2023 · 6 mo into the range

Other stocks with a recent daily retest

All daily-chart retest signals →
All NASDAQ stocks with daily retest patterns →
All NASDAQ stocks with weekly retest patterns →

Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.