WING YIP FOOD CHINA HOLDINGS (WYHG) Stock Technical Analysis
USA - NASDAQ:WYHG - ADR
Overall WYHG gets a technical rating of 0 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.
Although the technical rating is bad, WYHG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.04
When analyzing the resistance we notice 3 important areas.
- Resistance @1.17 from a horizontal line in the daily time frame.
- Resistance @1.27 from a trend line in the daily time frame.
- A resistance zone ranging from 1.32 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 WYHG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WYHG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | WYHG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WYHG is below a declining 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) | 35.09 | NEUTRAL | The RSI value for WYHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WYHG has a negative trend. |
| Stochastics (14,3) | 13.12 | OVERSOLD | The low Stochastics value suggests WYHG may be oversold. |
| Average True Range in percent/ATR (20) | 9.87 | HIGH VOLATILITY | The high ATR as a percentage value for WYHG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for WYHG suggests a possible start of a new trend. |
1.055
-0.05 (-4.09%)
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 0 / 10 to WYHG.
What is the trend direction for 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 35.0909. This indicates that the stock is currently neutral.
What is the buy/sell signal for WING YIP FOOD CHINA HOLDINGS (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 are the support and resistance levels for WING YIP FOOD CHINA HOLDINGS (WYHG) stock?
WING YIP FOOD CHINA HOLDINGS (WYHG) has a resistance level at 1.17. Check the full technical report for our detailed analysis of WYHG support and resistance levels.