YALLA GROUP LTD (YALA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YALA - US98459U1034 - ADR
Overall YALA gets a technical rating of 5 out of 10. 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.
YALA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.99, a Stop Loss order could be placed below this zone.
More info and screens
4.19
We found 2 important support areas.
- A support zone ranging from 6.81 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.07 to 7.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.33 from a trend line in the daily time frame.
- 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.
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 | 91.04 | POSITIVE | YALA has a high relative strength, it outperformed 91.04% 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 | MIXED | The current price of YALA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for YALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests YALA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.23 | NEUTRAL | The Stochastics value for YALA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for YALA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.95 | NEGATIVE | The low ADX value for YALA suggests a weak or negative trend. |
7.06
+0.12 (+1.73%)
YALLA GROUP LTD / YALA FAQ
Can you provide the ChartMill technical rating for YALLA GROUP LTD?
ChartMill assigns a technical rating of 5 / 10 to YALA.
What is the current trend direction of YALLA GROUP LTD (YALA) stock?
The current trend direction for YALLA GROUP LTD (YALA) is Bearish.
What is the RSI signal for YALA stock?
YALLA GROUP LTD (YALA) has an RSI value of 48.9081. This indicates that the stock is currently neutral.
What is the MACD signal for YALA stock?
The MACD indicator for YALLA GROUP LTD (YALA) has a value of -0.00428639, indicating a bearish trend.
What is the short term momentum for YALLA GROUP LTD (YALA) stock?
The short term momentum for YALLA GROUP LTD (YALA) is neutral.