CHINA YUCHAI INTL LTD (CYD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CYD - BMG210821051 - Common Stock
We assign a technical rating of 10 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CYD did better than 98% of all other stocks. On top of that, CYD also shows a nice and consistent pattern of rising prices.
- CYD is one of the better performing stocks in the Machinery industry, it outperforms 99% of 132 stocks in the same industry.
- CYD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CYD has a been trading in the 35.27 - 45.93 range, which is quite wide. It is currently trading near the high of this range.
Although CYD has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
34.40
We found 4 important support areas.
- Support @42.04 from a horizontal line in the daily time frame.
- A support zone ranging from 37.09 to 37.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.77 from a trend line in the weekly time frame.
- Support @34.75 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 | 98.36 | POSITIVE | CYD has a high relative strength, it outperformed 98.36% 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) | 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) | 69.19 | NEUTRAL | The RSI value for CYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CYD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.82 | NEUTRAL | The Stochastics value for CYD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for CYD suggests some volalility. |
| Average Directional Index/ADX (14) | 39.63 | POSITIVE | The high ADX value value for CYD suggests a strong trend. |
44.17
+0.23 (+0.52%)
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.
What is the current trend direction of CHINA YUCHAI INTL LTD (CYD) stock?
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 69.1878. This indicates that the stock is currently neutral.
What is the buy/sell signal for CYD stock?
The buy/sell signal for CHINA YUCHAI INTL LTD (CYD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CHINA YUCHAI INTL LTD (CYD) stock?
CHINA YUCHAI INTL LTD (CYD) has a support level at 42.1. Check the full technical report for our detailed analysis of CYD support and resistance levels.