YELP INC (YELP) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:YELP • US9858171054
We assign a technical rating of 0 out of 10 to YELP. 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.
- When comparing the yearly performance of all stocks, YELP is a bad performer in the overall market: 87% of all stocks are doing better.
- YELP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month YELP has a been trading in the 26.96 - 31.12 range, which is quite wide. It is currently trading near the lows of this range.
- YELP is an average performer in the Interactive Media & Services industry, it outperforms 42% of 69 stocks in the same industry.
Although the technical rating is bad, YELP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
27.11
When analyzing the resistance we notice 4 important areas.
- Resistance @27.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.54 to 29.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.00 to 31.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 13.72 | NEGATIVE | YELP has a low relative strength, it was outperformed by 86.28% 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) | 33.24 | NEUTRAL | The RSI value for YELP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests YELP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.24 | OVERSOLD | The low Stochastics value suggests YELP may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for YELP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for YELP suggests a weak or negative trend. |
27.38
-0.12 (-0.44%)
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 33.2351. 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 27.51. Check the full technical report for our detailed analysis of YELP support and resistance levels.