JOYY INC-ADR (JOYY) Technical Analysis
NASDAQ:JOYY • US46591M1099
Current stock price
JOYY Technical Rating and Analysis
Taking everything into account, JOYY scores 3 out of 10 in our technical rating. Although JOYY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, JOYY did better than 75% of all other stocks.
- JOYY is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 82% of 69 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- JOYY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JOYY is lagging the market.
- In the last month JOYY has a been trading in the 56.24 - 64.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
JOYY Weekly and Daily overview Charts
JOYY Setup Rating and Analysis
Although the technical rating is bad, JOYY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.84, a Stop Loss order could be placed below this zone.
More info and screens
JOYY Support and Resistance Analysis
54.32
2 important support areas can be observed.
- A support zone ranging from 56.41 to 56.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.87 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 60.05 to 60.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.81 from a horizontal line in the daily time frame.
JOYY Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for JOYY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JOYY is neutral. |
| ChartMill Relative Strength | 75.58 | POSITIVE | JOYY has a high relative strength, it outperformed 75.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JOYY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JOYY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JOYY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for JOYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests JOYY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.73 | NEUTRAL | The Stochastics value for JOYY is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for JOYY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for JOYY suggests a weak or negative trend. |
JOYY Chart- and CandleStick Pattern Analysis
JOYY Technicals: Chart, Performance Metrics, Trend & Indicators
60.04
-0.7 (-1.15%)
JOYY INC-ADR / JOYY TA FAQ
Can you provide the ChartMill technical rating for JOYY INC-ADR?
ChartMill assigns a technical rating of 3 / 10 to JOYY.
What is the current trend direction of JOYY INC-ADR (JOYY) stock?
The current trend direction for JOYY INC-ADR (JOYY) is Bearish.
What is the RSI signal for JOYY INC-ADR (JOYY) stock?
JOYY INC-ADR (JOYY) has an RSI value of 51.5496. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JOYY INC-ADR?
The MACD indicator for JOYY INC-ADR (JOYY) has a value of 0.419041, indicating a bearish trend.
What is the short term momentum for JOYY INC-ADR (JOYY) stock?
The short term momentum for JOYY INC-ADR (JOYY) is neutral.