YETI HOLDINGS INC (YETI) Stock Technical Analysis
USA - NYSE:YETI - US98585X1046 - Common Stock
We assign a technical rating of 7 out of 10 to YETI. In the last year, YETI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although YETI has an excellent technical rating, it does not present a decent entry opportunity 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 4 important support areas.
- Support @36.97 from a trend line in the weekly time frame.
- A support zone ranging from 34.78 to 35.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.82 to 33.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.89 to 32.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @38.87 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 42.38 to 43.03. 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 | 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 | 57.45 | 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) | UP | POSITIVE | The current price of YETI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YETI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for YETI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests YETI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.02 | OVERBOUGHT | The high Stochastics value suggests YETI may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for YETI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for YETI suggests a weak or negative trend. |
37.3
-0.62 (-1.64%)
YETI HOLDINGS INC / YETI FAQ
What is the technical rating for YETI stock?
ChartMill assigns a technical rating of 7 / 10 to YETI.
Can you provide the trend direction for YETI HOLDINGS INC?
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 59.8146. 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 0.392793, 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 36.97 and a resistance level at 38.87. Check the full technical report for our detailed analysis of YETI support and resistance levels.