SO-YOUNG INTERNATIONAL-ADR (SY) Technical Analysis
NASDAQ:SY • US83356Q1085
Taking everything into account, SY scores 4 out of 10 in our technical rating. 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.
- In the last month SY has a been trading in the 2.78 - 3.90 range, which is quite wide. It is currently trading near the lows of this range.
- SY is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. SY outperforms 98% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that SY is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SY is lagging the market slightly.
SY has an average technical rating and also the quality of the setup is only medium 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
2.74
3 important support areas can be observed.
- A support zone ranging from 3.04 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.82 to 2.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.77 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @3.27 from a horizontal line in the daily time frame.
- Resistance @3.37 from a horizontal line in the weekly time frame.
- Resistance @3.44 from a trend line in the daily time frame.
- Resistance @3.63 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 | NEUTRAL | NEUTRAL | The long term trend for SY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SY is neutral. |
| ChartMill Relative Strength | 97.81 | POSITIVE | SY has a high relative strength, it outperformed 97.81% 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) | UP | POSITIVE | The current price of SY is above the rising 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) | 50.51 | NEUTRAL | The RSI value for SY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.75 | NEUTRAL | The Stochastics value for SY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for SY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for SY suggests a possible start of a new trend. |
SY Technicals: Chart, Performance Metrics, Trend & Indicators
3.09
+0.04 (+1.31%)
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 4 / 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 50.5059. 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 neutral.
What is the support and resistance level for SY stock?
SO-YOUNG INTERNATIONAL-ADR (SY) has a support level at 3.07 and a resistance level at 3.27. Check the full technical report for our detailed analysis of SY support and resistance levels.