YES Technical Analysis - CHAR TECHNOLOGIES LTD

Technical Rating and Analysis

Taking everything into account, YES scores 0 out of 10 in our technical rating. YES'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, YES is a bad performer in the overall market: 93% of all stocks are doing better.

YES is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, of which 86% are performing better than YES.

YES 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 YES has a been trading in the 0.18 - 0.24 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CHAR TECHNOLOGIES LTD / YES Weekly stock chart

CHAR TECHNOLOGIES LTD / YES Daily stock chart

Setup Rating and Analysis

The technical rating of YES 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.18

0.23

When analyzing the support we can see 2 important areas.

Support @0.19 from a trend line in the daily time frame.
A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

Resistance @0.21 from a horizontal line in the daily time frame.
A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 YES.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for YES.CA is down.
ChartMill Relative Strength	7.64	NEGATIVE	YES.CA has a low relative strength, it was outperformed by 92.36% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of YES.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of YES.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of YES.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.61	NEUTRAL	The RSI value for YES.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests YES.CA has a negative trend.
Stochastics (14,3)	27.27	NEUTRAL	The Stochastics value for YES.CA is a neutral value.
Average True Range in percent/ATR (20)	5.79	HIGH VOLATILITY	The high ATR as a percentage value for YES.CA suggests high volalility.
Average Directional Index/ADX (14)	24.64	NEUTRAL	The ADX value for YES.CA suggests a possible start of a new trend.