SY Technical Analysis - SO-YOUNG INTERNATIONAL-ADR

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to SY. In the last year, SY was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month SY has a been trading in the 3.30 - 4.23 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

SY is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 94% of 69 stocks in the same industry.

SY has an average volume of 1290040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

When comparing the yearly performance of all stocks, we notice that SY is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

SY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SY is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SO-YOUNG INTERNATIONAL-ADR / SY Weekly stock chart

SO-YOUNG INTERNATIONAL-ADR / SY Daily stock chart

Setup Rating and Analysis

The technical rating of SY 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.28

3.35

When analyzing the support we notice one important area.

A support zone ranging from 3.31 to 3.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	UP	POSITIVE	The long term trend for SY is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SY is down.
ChartMill Relative Strength	95.66	POSITIVE	SY has a high relative strength, it outperformed 95.66% 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	POSITIVE	The current price of SY is above the rising SMA(200).
Relative Strength Index/RSI (14)	37.16	NEUTRAL	The RSI value for SY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests SY has a negative trend.
Stochastics (14,3)	7.01	OVERSOLD	The low Stochastics value suggests SY may be oversold.
Average True Range in percent/ATR (20)	7.35	HIGH VOLATILITY	The high ATR as a percentage value for SY suggests high volalility.
Average Directional Index/ADX (14)	14.43	NEGATIVE	The low ADX value for SY suggests a weak or negative trend.