YETI HOLDINGS INC (YETI) Technical Analysis
NYSE:YETI • US98585X1046
Current stock price
YETI Technical Rating and Analysis
Taking everything into account, YETI scores 4 out of 10 in our technical rating. YETI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- YETI has an average volume of 1512120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, YETI outperforms 60% of them, which is more or less in line with the market.
- YETI is part of the Leisure Products industry. There are 31 other stocks in this industry, YETI did better than 70% of them.
- YETI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YETI is lagging the market.
- In the last month YETI has a been trading in the 34.90 - 42.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
YETI Weekly and Daily overview Charts
YETI Setup Rating and Analysis
YETI has an average technical rating and the quality of the presented setup is also not ideal 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
YETI Support and Resistance Analysis
35.14
When analyzing the support we notice one important area.
- A support zone ranging from 35.49 to 36.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.15 to 41.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
YETI 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 | NEUTRAL | NEUTRAL | The long term trend for YETI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YETI is up. |
| ChartMill Relative Strength | 60.48 | NEUTRAL | YETI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YETI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YETI is below a declining 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) | 54.41 | NEUTRAL | The RSI value for YETI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests YETI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.27 | NEUTRAL | The Stochastics value for YETI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for YETI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for YETI suggests a possible start of a new trend. |
YETI Chart- and CandleStick Pattern Analysis
YETI Technicals: Chart, Performance Metrics, Trend & Indicators
39.92
-0.73 (-1.8%)
YETI HOLDINGS INC / YETI TA FAQ
What is the technical rating for YETI stock?
ChartMill assigns a technical rating of 4 / 10 to YETI.
What is the trend direction for YETI stock?
The current trend direction for YETI HOLDINGS INC (YETI) is Bearish.
What is the RSI signal for YETI HOLDINGS INC (YETI) stock?
YETI HOLDINGS INC (YETI) has an RSI value of 54.4084. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for YETI HOLDINGS INC?
YETI HOLDINGS INC (YETI) has a support level at 36.3 and a resistance level at 40.15. Check the full technical report for our detailed analysis of YETI support and resistance levels.