Overall SY gets a technical rating of 2 out of 10. Although SY 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.
Although the technical rating is bad, SY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.64, a Stop Loss order could be placed below this zone.
More info and screens
2.58
When analyzing the support we notice one important area.
- A support zone ranging from 2.61 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @2.77 from a horizontal line in the daily time frame.
- Resistance @3.60 from a trend line in the weekly time frame.
- Resistance @3.69 from a trend line in the daily time frame.
- Resistance @4.02 from a trend 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 | DOWN | NEGATIVE | The long term trend for SY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SY is down. |
| ChartMill Relative Strength | 96.4 | POSITIVE | SY has a high relative strength, it outperformed 96.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for SY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SY has a positive trend. |
| Stochastics (14,3) | 49.94 | NEUTRAL | The Stochastics value for SY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for SY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.73 | NEUTRAL | The ADX value for SY suggests a possible start of a new trend. |
2.68
-0.08 (-2.9%)
SO-YOUNG INTERNATIONAL-ADR / SY FAQ
What is the ChartMill technical rating of SO-YOUNG INTERNATIONAL-ADR (SY) stock?
ChartMill assigns a technical rating of 2 / 10 to SY.
What is the current trend direction of SO-YOUNG INTERNATIONAL-ADR (SY) stock?
The current trend direction for SO-YOUNG INTERNATIONAL-ADR (SY) is Bearish.
What is the RSI signal for SY stock?
SO-YOUNG INTERNATIONAL-ADR (SY) has an RSI value of 44.1092. This indicates that the stock is currently neutral.
What is the short term momentum for SY stock?
The short term momentum for SO-YOUNG INTERNATIONAL-ADR (SY) is negative.
What is the support and resistance level for SY stock?
SO-YOUNG INTERNATIONAL-ADR (SY) has a support level at 2.64 and a resistance level at 2.77. Check the full technical report for our detailed analysis of SY support and resistance levels.