Taking everything into account, PUYI scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, PUYI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: PUYI has an average volume of 10860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- PUYI is part of the Capital Markets industry. There are 238 other stocks in this industry. PUYI outperforms 99% of them.
- PUYI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PUYI is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that PUYI is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month PUYI has a been trading in the 5.93 - 9.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PUYI 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
5.60
When analyzing the support we notice one important area.
- Support @5.66 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 PUYI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PUYI is neutral. |
| ChartMill Relative Strength | 98.36 | POSITIVE | PUYI 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 PUYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PUYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PUYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.02 | NEUTRAL | The RSI value for PUYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PUYI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.14 | NEUTRAL | The Stochastics value for PUYI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for PUYI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for PUYI suggests a strong trend. |
NASDAQ:PUYI (3/15/2024, 8:02:18 PM)
8.96
+2.27 (+33.93%)
PUYI INC / PUYI FAQ
What is the technical rating for PUYI stock?
ChartMill assigns a technical rating of 8 / 10 to PUYI.
What is the current trend direction of PUYI INC (PUYI) stock?
The current trend direction for PUYI INC (PUYI) is Bullish.
What is the RSI signal for PUYI INC (PUYI) stock?
PUYI INC (PUYI) has an RSI value of 60.0209. This indicates that the stock is currently neutral.
What is the short term momentum for PUYI stock?
The short term momentum for PUYI INC (PUYI) is neutral.
What is the support and resistance level for PUYI stock?
PUYI INC (PUYI) has a support level at 5.66. Check the full technical report for our detailed analysis of PUYI support and resistance levels.