WING YIP FOOD CHINA HOLDINGS (WYHG) Technical Analysis
NASDAQ:WYHG
Current stock price
WYHG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WYHG. WYHG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WYHG is a bad performer in the overall market: 97% of all stocks are doing better.
- WYHG 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 WYHG is lagging the market.
- In the last month WYHG has a been trading in the 0.41 - 0.51 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: WYHG has an average volume of 26002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
WYHG Weekly and Daily overview Charts
WYHG Setup Rating and Analysis
WYHG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WYHG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
WYHG Support and Resistance Analysis
0.41
We found 1 important support area.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
WYHG 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 | DOWN | NEGATIVE | The long term trend for WYHG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WYHG is down. |
| ChartMill Relative Strength | 3.31 | NEGATIVE | WYHG has a low relative strength, it was outperformed by 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WYHG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WYHG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WYHG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for WYHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WYHG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.91 | NEUTRAL | The Stochastics value for WYHG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for WYHG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for WYHG suggests a weak or negative trend. |
WYHG Chart- and CandleStick Pattern Analysis
WYHG Technicals: Chart, Performance Metrics, Trend & Indicators
0.43
0 (-0.3%)
WING YIP FOOD CHINA HOLDINGS / WYHG TA FAQ
What is the ChartMill technical rating of WING YIP FOOD CHINA HOLDINGS (WYHG) stock?
ChartMill assigns a technical rating of 1 / 10 to WYHG.
What is the current trend direction of WING YIP FOOD CHINA HOLDINGS (WYHG) stock?
The current trend direction for WING YIP FOOD CHINA HOLDINGS (WYHG) is Bearish.
What is the RSI signal for WYHG stock?
WING YIP FOOD CHINA HOLDINGS (WYHG) has an RSI value of 44.3084. This indicates that the stock is currently neutral.
What is the buy/sell signal for WYHG stock?
The buy/sell signal for WING YIP FOOD CHINA HOLDINGS (WYHG) is sell as both the short term and long term trends are negative.
What is the support and resistance level for WYHG stock?
WING YIP FOOD CHINA HOLDINGS (WYHG) has a support level at 0.41 and a resistance level at 0.46. Check the full technical report for our detailed analysis of WYHG support and resistance levels.