YELP INC (YELP) Stock Technical Analysis
NYSE:YELP - New York Stock Exchange, Inc. - US9858171054 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to YELP. YELP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, YELP is a bad performer in the overall market: 78% of all stocks are doing better.
YELP is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 65% are performing better than YELP.
YELP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
YELP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
YELP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.63, a Stop Loss order could be placed below this zone.
More info and screens
32.22
41.23
We found 1 important support area.
- A support zone ranging from 32.55 to 33.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 34.71 to 35.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.12 from a trend line in the weekly time frame.
- Resistance @39.15 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 40.61 to 40.82. 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 | DOWN | NEGATIVE | The long term trend for YELP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YELP is down. |
| ChartMill Relative Strength | 22.17 | NEGATIVE | YELP has a low relative strength, it was outperformed by 77.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YELP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YELP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YELP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.8 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests YELP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.39 | NEUTRAL | The Stochastics value for YELP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for YELP 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)
34.16
-0.95 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.71%
1 Week-2.98%
2 Weeks-0.06%
1 Month-6.44%
3 Month-0.12%
6 Month-11.11%
12 Month-4.98%
2 Year-24.17%
3 Year11.42%
5 Year36.75%
10 Year29.39%
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.4%
ATR Inc13.49%
Range Today0.91
ADR(20)0.8
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.17
Mansfield-1.26
10 Day High35.99
10 Day Low33.8
20 Day High36.33
20 Day Low33.17
52 Week High41.72
52 Week Low32.28
CS1 End33.63
CR1 Start34.71
Volume & EV
DER(3)1.02%
DER(5)0%
Volume564.80K
Volume Incr-25.17%
Vol(5)693.00K
Vol(50)830.23K