YETI HOLDINGS INC (YETI) Stock Technical Analysis
NYSE:YETI - New York Stock Exchange, Inc. - US98585X1046 - Common Stock - Currency: USD
Overall YETI gets a technical rating of 1 out of 10. YETI 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, YETI is a bad performer in the overall market: 86% of all stocks are doing better.
YETI is part of the Leisure Products industry. There are 30 other stocks in this industry, of which 75% are performing better than YETI.
YETI 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.
YETI has an average volume of 2498420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month YETI has a been trading in the 28.98 - 33.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, YETI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for YETI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
26.67
43.60
When analyzing the support we notice one important area.
- A support zone ranging from 26.94 to 27.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.91 to 31.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.08 to 32.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.13 from a trend line in the weekly time frame.
- A resistance zone ranging from 43.03 to 43.17. This zone is formed by a combination of multiple trend lines 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 YETI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YETI is neutral. |
| ChartMill Relative Strength | 14.8 | NEGATIVE | YETI has a low relative strength, it was outperformed by 85.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YETI is below a declining 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) | DOWN | NEGATIVE | The current price of YETI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.2 | NEUTRAL | The RSI value for YETI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests YETI has a negative trend. |
| Stochastics (14,3) | 38.87 | NEUTRAL | The Stochastics value for YETI is a neutral value. |
| 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) | 21.52 | NEUTRAL | The ADX value for YETI suggests a possible start of a new 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)
30.53
+0.53 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.77%
1 Week-5.33%
2 Weeks-0.26%
1 Month-4.98%
3 Month-12.22%
6 Month-22.53%
12 Month-25.43%
2 Year-21.4%
3 Year-29.44%
5 Year-28.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%3.63%
ATR Inc9.01%
Range Today0.73
ADR(20)1.03
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.8
Mansfield-2.03
10 Day High33.08
10 Day Low29.84
20 Day High33.08
20 Day Low28.98
52 Week High45.25
52 Week Low26.61
CS1 End27.14
CR1 Start30.91
Volume & EV
DER(3)3.92%
DER(5)0.9%
Volume2.19M
Volume Incr-22.41%
Vol(5)1.95M
Vol(50)2.50M