YALLA GROUP LTD (YALA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YALA - US98459U1034 - ADR
Taking everything into account, YALA scores 3 out of 10 in our technical rating. Although YALA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, YALA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.97, a Stop Loss order could be placed below this zone.
More info and screens
4.16
We found 2 important support areas.
- A support zone ranging from 6.81 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.09 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.60 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.88 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for YALA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YALA is neutral. |
| ChartMill Relative Strength | 87.99 | POSITIVE | YALA has a high relative strength, it outperformed 87.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YALA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YALA is below 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) | 47.51 | NEUTRAL | The RSI value for YALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests YALA has a positive trend. |
| Stochastics (14,3) | 38.78 | NEUTRAL | The Stochastics value for YALA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for YALA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for YALA suggests a weak or negative trend. |
7.06
-0.09 (-1.26%)
YALLA GROUP LTD / YALA FAQ
Can you provide the ChartMill technical rating for YALLA GROUP LTD?
ChartMill assigns a technical rating of 3 / 10 to YALA.
Can you provide the trend direction for YALLA GROUP LTD?
The current trend direction for YALLA GROUP LTD (YALA) is Bearish.
What is the RSI signal for YALLA GROUP LTD (YALA) stock?
YALLA GROUP LTD (YALA) has an RSI value of 47.5058. 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.