YELP INC (YELP) Stock Technical Analysis
NYSE:YELP • US9858171054
Overall YELP gets a technical rating of 0 out of 10. YELP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year 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.
- In the last month YELP has a been trading in the 19.60 - 27.65 range, which is quite wide. It is currently trading near the lows of this range.
- YELP has an average volume of 1350720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- YELP is an average performer in the Interactive Media & Services industry, it outperforms 44% of 69 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
The technical rating of YELP 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
22.07
4 important resistance areas can be observed.
- A resistance zone ranging from 22.30 to 22.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.95 to 29.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.65 to 31.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @40.82 from a horizontal line in the weekly 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 | 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 | 11.65 | NEGATIVE | YELP has a low relative strength, it was outperformed by 88.35% 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) | 40.51 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests YELP has a positive trend. |
| Stochastics (14,3) | 44.03 | NEUTRAL | The Stochastics value for YELP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for YELP suggests high volalility. |
| Average Directional Index/ADX (14) | 42.34 | POSITIVE | The high ADX value value for YELP suggests a strong trend. |
22.29
+0.21 (+0.95%)
YELP INC / YELP FAQ
Can you provide the ChartMill technical rating for YELP INC?
ChartMill assigns a technical rating of 0 / 10 to YELP.
Can you provide the trend direction for YELP INC?
The current trend direction for YELP INC (YELP) is Bearish.
What is the RSI signal for YELP INC (YELP) stock?
YELP INC (YELP) has an RSI value of 40.5057. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for YELP INC?
The buy/sell signal for YELP INC (YELP) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for YELP INC (YELP) stock?
YELP INC (YELP) has a resistance level at 22.3. Check the full technical report for our detailed analysis of YELP support and resistance levels.