YETI HOLDINGS INC (YETI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:YETI • US98585X1046
Taking everything into account, YETI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, YETI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month YETI has a been trading in the 44.81 - 51.29 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, YETI did better than 86% of all other stocks.
- YETI is one of the better performing stocks in the Leisure Products industry, it outperforms 90% of 31 stocks in the same industry.
- YETI is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So YETI is doing quite good in this market.
- YETI has an average volume of 1777220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
YETI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
31.57
We found 3 important support areas.
- A support zone ranging from 45.70 to 45.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.95 to 35.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.89 to 32.16. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for YETI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YETI is neutral. |
| ChartMill Relative Strength | 86.2 | POSITIVE | YETI has a high relative strength, it outperformed 86.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of YETI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YETI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YETI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for YETI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests YETI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.51 | OVERSOLD | The low Stochastics value suggests YETI may be oversold. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for YETI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for YETI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.25 | 45.69 | 1.56 (3.31%) | 25.00% |
| An entry @47.25. This is a Buy Stop order right above the 10 day moving average. | An exit @45.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.56 points, which is 3.31%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of YETI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
46.41
+0.7 (+1.53%)
YETI HOLDINGS INC / YETI FAQ
What is the technical rating for YETI stock?
ChartMill assigns a technical rating of 9 / 10 to YETI.
What is the current trend direction of YETI HOLDINGS INC (YETI) stock?
The current trend direction for YETI HOLDINGS INC (YETI) is Bullish.
What is the RSI signal for YETI stock?
YETI HOLDINGS INC (YETI) has an RSI value of 48.8175. This indicates that the stock is currently neutral.
What is the MACD signal for YETI stock?
The MACD indicator for YETI HOLDINGS INC (YETI) has a value of -0.583984, indicating a bearish trend.
What are the support and resistance levels for YETI HOLDINGS INC (YETI) stock?
YETI HOLDINGS INC (YETI) has a support level at 45.7. Check the full technical report for our detailed analysis of YETI support and resistance levels.