CHINA YUCHAI INTL LTD (CYD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CYD - BMG210821051 - Common Stock
We assign a technical rating of 8 out of 10 to CYD. In the last year, CYD was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, CYD also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.34. Right above this resistance zone may be a good entry point.
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31.99
4 important support areas can be observed.
- A support zone ranging from 35.29 to 35.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.48 to 34.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.08 from a trend line in the weekly time frame.
- Support @32.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.34 to 38.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CYD is neutral. |
| ChartMill Relative Strength | 98.59 | POSITIVE | CYD has a high relative strength, it outperformed 98.59% 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) | 53.36 | NEUTRAL | The RSI value for CYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CYD has a positive trend. |
| Stochastics (14,3) | 46.53 | NEUTRAL | The Stochastics value for CYD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CYD suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for CYD suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 37.66 | 35.28 | 2.38 (6.32%) | 15.82% |
| An entry @37.66. This is a Buy Stop order right above the 10 day high. | An exit @35.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.38 points, which is 6.32%. | When investing 15.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
36.27
-0.08 (-0.22%)
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 8 / 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 53.363. 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 neutral.
What is the support and resistance level for CYD stock?
CHINA YUCHAI INTL LTD (CYD) has a support level at 35.48 and a resistance level at 38.34. Check the full technical report for our detailed analysis of CYD support and resistance levels.