Urban Tea Inc (MYT)

2.16  -0.14 (-6.09%)

After market: 2.16 0 (0%)

Technical Rating and Analysis

1

Overall MYT gets a technical rating of 1 out of 10. MYT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MYT is a bad performer in the overall market: 100% of all stocks are doing better.
MYT is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, of which 90% are performing better than MYT.
MYT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MYT is lagging the market.
MYT has an average volume of 1070910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MYT has a been trading in the 1.71 - 2.52 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.
Weekly and Daily overview Charts
MYT Weekly chart
MYT Daily chart
Setup Rating and Analysis

3

The technical rating of MYT is bad and it also does not present a 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.

Support and Resistance Analysis

1.77

4.60

We found 4 important support areas.

  • Support @2.12 from a horizontal line in the daily time frame.
  • Support @1.93 from a trend line in the weekly time frame.
  • Support @1.86 from a horizontal line in the weekly time frame.
  • Support @1.79 from a trend line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 2.19 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.31 from a horizontal line in the daily time frame.
  • Resistance @3.40 from a trend line in the daily time frame.
  • Resistance @4.08 from a trend line in the weekly time frame.
  • Resistance @4.55 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.22
Mansfield-3.47
10 Day High2.52
10 Day Low2.1
20 Day High2.52
20 Day Low1.71
52 Week High11.1
52 Week Low1.5
Performance
1 Week-2.7%
2 Weeks-0.92%
1 Month13.68%
3 Month-48.57%
6 Month20%
12 Month-78.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)47
LBB1.94
UBB2.35
MYT Daily chart

Urban Tea Inc

NASDAQ:MYT (6/15/2021, 7:00:00 PM)

After market: 2.16 0 (0%)

2.16

-0.14 (-6.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-6.09%
1 Week-2.7%
2 Weeks-0.92%
1 Month13.68%
3 Month-48.57%
6 Month20%
12 Month-78.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%7.51%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.52
10 Day Low2.1
20 Day High2.52
20 Day Low1.71
52 Week High11.1
52 Week Low1.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume333.70K
Volume Incr-20.09%
Vol(5)509.74K
Vol(50)1.07M