NASDAQ:JOYY - Nasdaq - US46591M1099 - ADR - Currency: USD
Overall JOYY gets a technical rating of 5 out of 10. In the last year, JOYY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
JOYY has an average technical rating and it also 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.
45.05
2 important support areas can be observed.
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 JOYY is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JOYY is up. |
ChartMill Relative Strength | 0 | NEGATIVE | JOYY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JOYY is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JOYY is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 73.94 | OVERBOUGHT | The high RSI value suggests JOYY may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests JOYY has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 85.86 | OVERBOUGHT | The high Stochastics value suggests JOYY may be overbought. |
Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for JOYY suggests some volalility. |
Average Directional Index/ADX (14) | 41.95 | POSITIVE | The high ADX value value for JOYY suggests a strong trend. |
50.6
+0.6 (+1.2%)