YELP INC (YELP) Stock Technical Analysis
NYSE:YELP - New York Stock Exchange, Inc. - US9858171054 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to YELP. In the last year, YELP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
YELP is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 80% of 71 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that YELP is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
YELP is currently trading in the middle 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 slightly.
In the last month YELP has a been trading in the 34.60 - 41.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although YELP has an excellent technical rating, it does not present a decent entry opportunity 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
32.22
41.67
We found 3 important support areas.
- A support zone ranging from 36.19 to 37.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.96 from a horizontal line in the daily time frame.
- A support zone ranging from 32.55 to 33.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @38.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.94 to 39.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.61 to 41.26. 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 | UP | POSITIVE | The long term trend for YELP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YELP is up. |
| ChartMill Relative Strength | 70.08 | POSITIVE | YELP has a high relative strength, it outperformed 70.08% 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) | UP | POSITIVE | The current price of YELP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YELP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests YELP has a negative trend. |
| Stochastics (14,3) | 48.69 | NEUTRAL | The Stochastics value for YELP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | 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)
37.4
-0.65 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.71%
1 Week-4.45%
2 Weeks-4.05%
1 Month5.56%
3 Month4.7%
6 Month3.52%
12 Month2.8%
2 Year11.64%
3 Year27.17%
5 Year72.03%
10 Year-21.94%
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%2.71%
ATR Inc-36.62%
Range Today0.46
ADR(20)0.91
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.08
Mansfield0.13
10 Day High41.22
10 Day Low37.34
20 Day High41.22
20 Day Low34.6
52 Week High41.72
52 Week Low32.28
CS1 End37.39
CR1 Start38.21
Volume & EV
DER(3)-1.24%
DER(5)-0.67%
Volume497.20K
Volume Incr12.25%
Vol(5)791.20K
Vol(50)845.77K