YELP INC (YELP) Stock Technical Analysis
USA - NYSE:YELP - US9858171054 - Common Stock
29.21 USD
+0.3 (+1.04%)
28.78 USD
-0.43 (-1.47%)
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.
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: 81% of all stocks are doing better.
YELP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month YELP has a been trading in the 27.91 - 34.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
YELP is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, YELP did better than 42% of them.
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
28.92
41.23
We can see 4 important resistance areas.
- A resistance zone ranging from 31.53 to 32.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.05 to 33.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.83 from a trend line in the weekly 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 | 19.5 | NEGATIVE | YELP has a low relative strength, it was outperformed by 80.5% 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) | 34.57 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests YELP has a negative trend. |
| Stochastics (14,3) | 19.55 | OVERSOLD | The low Stochastics value suggests YELP may be oversold. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.92 | 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)
29.21
+0.3 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.04%
1 Week-11.65%
2 Weeks-11.46%
1 Month-13.66%
3 Month-5.87%
6 Month-25.37%
12 Month-18.75%
2 Year-33.17%
3 Year-5.62%
5 Year-8.55%
10 Year-3.05%
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%3.57%
ATR Inc382.87%
Range Today1.44
ADR(20)1.02
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.5
3 months CRS23.19
6 months CRS10.46
Mansfield-2.63
10 Day High34.49
10 Day Low27.91
20 Day High34.49
20 Day Low27.91
52 Week High41.72
52 Week Low27.91
CS1 EndN/A
CR1 Start31.53
Volume & EV
DER(3)0.73%
DER(5)0.98%
Volume1.50M
Volume Incr69.78%
Vol(5)1.29M
Vol(50)851.61K
YELP INC / YELP FAQ
Can you provide the ChartMill technical rating for YELP INC?
ChartMill assigns a technical rating of 0 / 10 to YELP.
What is the current trend direction of YELP INC (YELP) stock?
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 34.5711. This indicates that the stock is currently neutral.
What is the MACD signal for YELP INC (YELP) stock?
The MACD indicator for YELP INC (YELP) has a value of -0.413466, indicating a bearish trend.
What is the short term momentum for YELP stock?
The short term momentum for YELP INC (YELP) is negative.