YELP INC (YELP) Stock Technical Analysis
NYSE:YELP - US9858171054 - Common Stock
31.43 USD
-0.84 (-2.6%)
31.43 USD
0 (0%)
Taking everything into account, YELP scores 0 out of 10 in our technical rating. 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.
85% of all other stocks performed better in the past year than YELP.
YELP is one of the lesser performing stocks in the Interactive Media & Services industry. 66% of 70 stocks in the same industry do better.
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 29.96 - 35.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
YELP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 32.43. Right above this resistance zone may be a good entry point.
More info and screens
30.18
41.23
When analyzing the support we notice one important area.
- Support @30.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 32.43 to 32.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.21 to 35.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @37.23 from a trend line in the weekly time frame.
- Resistance @38.21 from a horizontal line in the daily 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 | 15.14 | NEGATIVE | YELP has a low relative strength, it was outperformed by 84.86% 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) | 46.57 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests YELP has a positive trend. |
| Stochastics (14,3) | 43.16 | NEUTRAL | The Stochastics value for YELP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for YELP suggests a possible start of a new 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)
31.43
-0.84 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.6%
1 Week3.96%
2 Weeks5.87%
1 Month-7.54%
3 Month-15.46%
6 Month-5.95%
12 Month-7.62%
2 Year-24.69%
3 Year-5.56%
5 Year39.58%
10 Year32.91%
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%2.96%
ATR Inc-19.99%
Range Today1.2
ADR(20)0.83
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.14
Mansfield-1.76
10 Day High32.53
10 Day Low30.37
20 Day High35.26
20 Day Low29.96
52 Week High41.72
52 Week Low29.96
CS1 End30.48
CR1 Start32.43
Volume & EV
DER(3)1.09%
DER(5)0.95%
Volume1.07M
Volume Incr5.1%
Vol(5)967.64K
Vol(50)883.10K