WING YIP FOOD CHINA HOLDINGS (WYHG) Technical Analysis
NASDAQ:WYHG
Overall WYHG gets a technical rating of 1 out of 10. WYHG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 98% of all other stocks performed better in the past year than WYHG.
- 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.
- Warning: WYHG has an average volume of 26638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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 high of this range.
Although the technical rating is bad, WYHG does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.47
When analyzing the resistance we notice one important area.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for WYHG is neutral. |
| ChartMill Relative Strength | 2.28 | NEGATIVE | WYHG has a low relative strength, it was outperformed by 97.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WYHG is above 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) | 52.67 | NEUTRAL | The RSI value for WYHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WYHG has a positive trend. |
| Stochastics (14,3) | 55.48 | NEUTRAL | The Stochastics value for WYHG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for WYHG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for WYHG suggests a weak or negative trend. |
WYHG Technicals: Chart, Performance Metrics, Trend & Indicators
0.475
+0.03 (+7.95%)
WING YIP FOOD CHINA HOLDINGS / WYHG 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.
Can you provide the RSI signal for WING YIP FOOD CHINA HOLDINGS?
WING YIP FOOD CHINA HOLDINGS (WYHG) has an RSI value of 52.6669. This indicates that the stock is currently neutral.
What is the MACD signal for WING YIP FOOD CHINA HOLDINGS (WYHG) stock?
The MACD indicator for WING YIP FOOD CHINA HOLDINGS (WYHG) has a value of 0.00987271, indicating a bearish trend.
Can you provide the support and resistance levels for WING YIP FOOD CHINA HOLDINGS?
WING YIP FOOD CHINA HOLDINGS (WYHG) has a resistance level at 0.48. Check the full technical report for our detailed analysis of WYHG support and resistance levels.