YETI HOLDINGS INC (YETI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YETI - US98585X1046 - Common Stock
We assign a technical rating of 9 out of 10 to YETI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, YETI is showing a nice and steady performance.
Although YETI has an excellent technical rating, the quality of the presented setup is 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.
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31.57
We found 5 important support areas.
- A support zone ranging from 42.31 to 42.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @41.41 from a trend line in the daily time frame.
- Support @34.78 from a horizontal line in the daily time frame.
- A support zone ranging from 33.74 to 33.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.89 to 31.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @44.09 from a horizontal line 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 | UP | POSITIVE | The long term trend for YETI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YETI is up. |
| ChartMill Relative Strength | 83.88 | POSITIVE | YETI has a high relative strength, it outperformed 83.88% off all stocks 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) | 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) | 63.95 | NEUTRAL | The RSI value for YETI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests YETI has a negative trend. |
| Stochastics (14,3) | 43.56 | NEUTRAL | The Stochastics value for YETI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for YETI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.67 | POSITIVE | The high ADX value value for YETI suggests a strong trend. |
43.96
+1 (+2.33%)
YETI HOLDINGS INC / YETI FAQ
What is the technical rating for YETI stock?
ChartMill assigns a technical rating of 9 / 10 to YETI.
Can you provide the trend direction for YETI HOLDINGS INC?
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 63.9485. This indicates that the stock is currently neutral.
Can you provide the MACD signal for YETI HOLDINGS INC?
The MACD indicator for YETI HOLDINGS INC (YETI) has a value of -0.180031, indicating a bearish trend.
Can you provide the support and resistance levels for YETI HOLDINGS INC?
YETI HOLDINGS INC (YETI) has a support level at 42.95 and a resistance level at 44.09. Check the full technical report for our detailed analysis of YETI support and resistance levels.