CHINA YUCHAI INTL LTD (CYD) Stock Technical Analysis
USA - NYSE:CYD - BMG210821051 - Common Stock
Taking everything into account, CYD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CYD is showing a nice and steady performance.
CYD has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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23.15
When analyzing the support we can see 6 important areas.
- A support zone ranging from 34.44 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @33.53 from a trend line in the daily time frame.
- Support @32.31 from a horizontal line in the daily time frame.
- Support @30.36 from a trend line in the daily time frame.
- Support @29.33 from a trend line in the weekly time frame.
- Support @23.38 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @39.14 from a trend line in the daily time frame.
- A resistance zone ranging from 41.41 to 41.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.56 | POSITIVE | CYD has a high relative strength, it outperformed 97.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CYD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYD is above the rising 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) | 50.36 | NEUTRAL | The RSI value for CYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CYD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.04 | NEUTRAL | The Stochastics value for CYD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for CYD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for CYD suggests a strong trend. |
37.08
-0.24 (-0.64%)
CHINA YUCHAI INTL LTD / CYD FAQ
What is the ChartMill technical rating of CHINA YUCHAI INTL LTD (CYD) stock?
ChartMill assigns a technical rating of 10 / 10 to CYD.
Can you provide the trend direction for CHINA YUCHAI INTL LTD?
The current trend direction for CHINA YUCHAI INTL LTD (CYD) is Bullish.
Can you provide the RSI signal for CHINA YUCHAI INTL LTD?
CHINA YUCHAI INTL LTD (CYD) has an RSI value of 50.3552. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHINA YUCHAI INTL LTD?
The short term momentum for CHINA YUCHAI INTL LTD (CYD) is positive.
What is the support and resistance level for CYD stock?
CHINA YUCHAI INTL LTD (CYD) has a support level at 34.94 and a resistance level at 39.14. Check the full technical report for our detailed analysis of CYD support and resistance levels.