YEXT INC (YEXT) Stock Technical Analysis
NYSE:YEXT - New York Stock Exchange, Inc. - US98585N1063 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to YEXT. Both in the recent history as in the last year, YEXT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, YEXT did better than 91% of all other stocks. We also observe that the gains produced by YEXT over the past year are nicely spread over this period.
YEXT is part of the Software industry. There are 282 other stocks in this industry. YEXT outperforms 80% of them.
YEXT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so YEXT is lagging the market slightly.
In the last month YEXT has a been trading in the 7.87 - 8.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
YEXT has an average volume of 1006430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
YEXT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
6.23
9.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.00 to 8.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.40 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.32 to 8.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.89 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 YEXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YEXT is up. |
| ChartMill Relative Strength | 91.47 | POSITIVE | YEXT has a high relative strength, it outperformed 91.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YEXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YEXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YEXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.94 | NEUTRAL | The RSI value for YEXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests YEXT has a negative trend. |
| Stochastics (14,3) | 55.49 | NEUTRAL | The Stochastics value for YEXT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for YEXT suggests some volalility. |
| Average Directional Index/ADX (14) | 39.12 | POSITIVE | The high ADX value value for YEXT suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.60 | 8.39 | 0.21 (2.44%) | 25.00% |
| An entry @8.60. This is a Buy Stop order right above the 10 day high. | An exit @8.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 2.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of YEXT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.26
+0.04 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.49%
1 Week-2.82%
2 Weeks2.23%
1 Month-7.92%
3 Month40.24%
6 Month30.49%
12 Month62.6%
2 Year-15.02%
3 Year88.58%
5 Year-50.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.56%
ATR Inc-37.37%
Range Today0.12
ADR(20)0.29
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.47
Mansfield1.48
10 Day High8.59
10 Day Low7.87
20 Day High8.96
20 Day Low7.87
52 Week High9.15
52 Week Low4.69
CS1 End8.4
CR1 Start8.89
Volume & EV
DER(3)-3.5%
DER(5)-0.97%
Volume365.80K
Volume Incr-49.53%
Vol(5)799.20K
Vol(50)1.01M