Taking everything into account, YB scores 1 out of 10 in our technical rating. YB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of YB is bad and it also does not present a quality setup 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
19.04
When analyzing the support we notice one important area.
- Support @19.23 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.11 to 21.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.97 from a horizontal line in the daily time frame.
- Resistance @23.00 from a trend 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 | UP | POSITIVE | The long term trend for YB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YB is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | YB 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 YB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.08 | NEUTRAL | The RSI value for YB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests YB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for YB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for YB suggests high volalility. |
| Average Directional Index/ADX (14) | 24.17 | NEUTRAL | The ADX value for YB suggests a possible start of a new trend. |
19.92
-0.53 (-2.59%)
YUANBAO INC -ADR / YB FAQ
What is the ChartMill technical rating of YUANBAO INC -ADR (YB) stock?
ChartMill assigns a technical rating of 1 / 10 to YB.
What is the current trend direction of YUANBAO INC -ADR (YB) stock?
The current trend direction for YUANBAO INC -ADR (YB) is Bullish.
What is the RSI signal for YB stock?
YUANBAO INC -ADR (YB) has an RSI value of 40.0754. This indicates that the stock is currently neutral.
What is the short term momentum for YUANBAO INC -ADR (YB) stock?
The short term momentum for YUANBAO INC -ADR (YB) is negative.
What is the buy/sell signal for YB stock?
The buy/sell signal for YUANBAO INC -ADR (YB) is hold as the short term and long term trends are mixed.