CHINA YUCHAI INTL LTD (CYD) Stock Technical Analysis
NYSE:CYD - New York Stock Exchange, Inc. - BMG210821051 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CYD. Both in the recent history as in the last year, CYD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
CYD is one of the better performing stocks in the Machinery industry, it outperforms 95% of 128 stocks in the same industry.
CYD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that CYD is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CYD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CYD is lagging the market slightly.
CYD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.10, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.04
18.17
5 important support areas can be observed.
- A support zone ranging from 16.82 to 17.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.92 from a trend line in the weekly time frame.
- Support @14.95 from a trend line in the daily time frame.
- Support @9.19 from a trend line in the weekly time frame.
- Support @8.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.25 to 17.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.99 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CYD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CYD is up. |
| ChartMill Relative Strength | 95.25 | POSITIVE | CYD has a high relative strength, it outperformed 95.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CYD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for CYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CYD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.64 | NEUTRAL | The Stochastics value for CYD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CYD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for CYD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.39 | 16.81 | 0.58 (3.34%) | 25.00% |
| An entry @17.39. This is a Buy Stop order right above the resistance zone. | An exit @16.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 3.34%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CYD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.11
-0.1 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.58%
1 Week-0.81%
2 Weeks-0.75%
1 Month10.46%
3 Month-14.45%
6 Month79.54%
12 Month106.64%
2 Year114.14%
3 Year62.95%
5 Year38.43%
10 Year-8.89%
15 Year7.14%
Volatility
ATR(14)0.85
ATR(20)%4.98%
ATR Inc-58.54%
Range Today0.41
ADR(20)0.85
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.25
Mansfield3.69
10 Day High18.43
10 Day Low16.21
20 Day High18.43
20 Day Low14.76
52 Week High26.1
52 Week Low8.13
CS1 End17.1
CR1 Start17.25
Volume & EV
DER(3)-7.97%
DER(5)-8.32%
Volume81.40K
Volume Incr-38.63%
Vol(5)138.06K
Vol(50)262.72K