YALLA GROUP LTD (YALA) Stock Technical Analysis
USA - NYSE:YALA - US98459U1034 - ADR
7.59 USD
+0.27 (+3.69%)
7.6187 USD
+0.03 (+0.38%)
Overall YALA gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
YALA is part of the Interactive Media & Services industry. There are 70 other stocks in this industry. YALA outperforms 81% of them.
In the last month YALA has a been trading in the 6.91 - 7.72 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that YALA is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
YALA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YALA is lagging the market.
Volume is considerably higher in the last couple of days.
YALA 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
4.13
7.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.15 to 7.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.95 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.60 to 7.60. 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 | UP | POSITIVE | The long term trend for YALA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YALA is neutral. |
| ChartMill Relative Strength | 90.16 | POSITIVE | YALA has a high relative strength, it outperformed 90.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YALA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of YALA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YALA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for YALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests YALA has a positive trend. |
| Stochastics (14,3) | 79.77 | NEUTRAL | The Stochastics value for YALA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for YALA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for YALA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.59
+0.27 (+3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg3.69%
1 Week4.55%
2 Weeks9.05%
1 Month1.07%
3 Month0.53%
6 Month6.45%
12 Month90.7%
2 Year41.34%
3 Year145.63%
5 Year-9.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.92%
ATR Inc32.1%
Range Today0.42
ADR(20)0.21
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.16
3 months CRS33.5
6 months CRS47.64
Mansfield1.25
10 Day High7.72
10 Day Low6.96
20 Day High7.72
20 Day Low6.91
52 Week High9.29
52 Week Low3.83
CS1 End7.24
CR1 Start7.6
Volume & EV
DER(3)-4.07%
DER(5)-6.54%
Volume1.59M
Volume Incr103.65%
Vol(5)572.68K
Vol(50)391.48K
YALLA GROUP LTD / YALA FAQ
Can you provide the ChartMill technical rating for YALLA GROUP LTD?
ChartMill assigns a technical rating of 6 / 10 to YALA.
Can you provide the trend direction for YALLA GROUP LTD?
The current trend direction for YALLA GROUP LTD (YALA) is Bullish.
What is the RSI signal for YALLA GROUP LTD (YALA) stock?
YALLA GROUP LTD (YALA) has an RSI value of 59.5613. This indicates that the stock is currently neutral.
What is the short term momentum for YALLA GROUP LTD (YALA) stock?
The short term momentum for YALLA GROUP LTD (YALA) is neutral.