YETI HOLDINGS INC (YETI) Technical Analysis
NYSE:YETI • US98585X1046
Current stock price
YETI Technical Rating and Analysis
Taking everything into account, YETI scores 0 out of 10 in our technical rating. YETI'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.
- 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, YETI is a bad performer in the overall market: 74% of all stocks are doing better.
- In the last month YETI has a been trading in the 35.17 - 47.30 range, which is quite wide. It is currently trading near the lows of this range.
- YETI has an average volume of 1482070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- YETI is an average performer in the Leisure Products industry, it outperforms 67% of 32 stocks in the same industry.
- YETI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so YETI is lagging the market slightly.
YETI Weekly and Daily overview Charts
YETI Setup Rating and Analysis
The technical rating of YETI 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.
More info and screens
YETI Support and Resistance Analysis
31.57
3 important support areas can be observed.
- A support zone ranging from 35.49 to 35.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.49 from a trend line in the daily time frame.
- Support @31.89 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 35.51 to 35.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.03 from a trend line in the daily time frame.
- Resistance @50.77 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for YETI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YETI is down. |
| ChartMill Relative Strength | 26.33 | NEGATIVE | YETI has a low relative strength, it was outperformed by 73.67% 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) | DOWN | NEGATIVE | The current price of YETI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of YETI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.9 | OVERSOLD | The low RSI value suggests YETI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests YETI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.17 | OVERSOLD | The low Stochastics value suggests YETI may be oversold. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for YETI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.45 | POSITIVE | The high ADX value value for YETI suggests a strong trend. |
YETI Chart- and CandleStick Pattern Analysis
YETI Technicals: Chart, Performance Metrics, Trend & Indicators
35.5
-0.93 (-2.55%)
YETI HOLDINGS INC / YETI TA FAQ
What is the technical rating for YETI stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
What is the RSI signal for YETI stock?
YETI HOLDINGS INC (YETI) has an RSI value of 23.903. This indicates that the stock is currently oversold.
What is the MACD signal for YETI stock?
The MACD indicator for YETI HOLDINGS INC (YETI) has a value of -0.356807, 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 35.49 and a resistance level at 35.51. Check the full technical report for our detailed analysis of YETI support and resistance levels.