YELP INC (YELP) Technical Analysis
NYSE:YELP • US9858171054
Current stock price
YELP Technical Rating and Analysis
Taking everything into account, YELP scores 2 out of 10 in our technical rating. In the past year, YELP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 87% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so YELP is lagging the market.
- In the last month YELP has a been trading in the 23.45 - 25.79 range, which is quite wide. It is currently trading near the high of this range.
- YELP has an average volume of 1575220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- YELP is an average performer in the Interactive Media & Services industry, it outperforms 47% of 69 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
YELP Weekly and Daily overview Charts
YELP Setup Rating and Analysis
Although the technical rating is bad, YELP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.77, a Stop Loss order could be placed below this zone.
More info and screens
YELP Support and Resistance Analysis
23.41
We found 2 important support areas.
- A support zone ranging from 24.12 to 24.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.65 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.51 to 25.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.72 from a trend line in the daily time frame.
- Resistance @29.88 from a trend line in the daily time frame.
- Resistance @31.00 from a horizontal line in the daily time frame.
YELP Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for YELP is up. |
| ChartMill Relative Strength | 13.94 | NEGATIVE | YELP has a low relative strength, it was outperformed by 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YELP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of YELP is above 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) | 61.02 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests YELP has a positive trend. |
| Stochastics (14,3) | 84.6 | OVERBOUGHT | The high Stochastics value suggests YELP may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for YELP suggests a weak or negative trend. |
YELP Chart- and CandleStick Pattern Analysis
YELP Technicals: Chart, Performance Metrics, Trend & Indicators
25.5
+0.35 (+1.39%)
YELP INC / YELP TA FAQ
Can you provide the ChartMill technical rating for YELP INC?
ChartMill assigns a technical rating of 2 / 10 to YELP.
Can you provide the trend direction for YELP INC?
The current trend direction for YELP INC (YELP) is Bearish.
Can you provide the RSI signal for YELP INC?
YELP INC (YELP) has an RSI value of 61.0213. This indicates that the stock is currently neutral.
What is the short term momentum for YELP INC (YELP) stock?
The short term momentum for YELP INC (YELP) is positive.
What is the buy/sell signal for YELP INC (YELP) stock?
The buy/sell signal for YELP INC (YELP) is hold as the short term and long term trends are mixed.