CHINA YUCHAI INTL LTD (CYD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CYD - BMG210821051 - Common Stock
Taking everything into account, CYD scores 6 out of 10 in our technical rating. In the last year, CYD was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, CYD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.10. Right above this resistance zone may be a good entry point.
More info and screens
31.16
We found 4 important support areas.
- Support @34.48 from a horizontal line in the weekly time frame.
- Support @33.93 from a trend line in the daily time frame.
- A support zone ranging from 32.31 to 32.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.10 to 40.01. 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 | DOWN | NEGATIVE | The short term trend for CYD is down. |
| ChartMill Relative Strength | 98.28 | POSITIVE | CYD has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYD is below 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) | 44.52 | NEUTRAL | The RSI value for CYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests CYD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.16 | NEUTRAL | The Stochastics value for CYD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for CYD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for CYD suggests a weak or negative trend. |
35.07
+0.17 (+0.49%)
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 6 / 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 44.5193. 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 negative.
What is the support and resistance level for CYD stock?
CHINA YUCHAI INTL LTD (CYD) has a support level at 34.48 and a resistance level at 39.1. Check the full technical report for our detailed analysis of CYD support and resistance levels.