NASDAQ:YIN - Nasdaq -
Overall YIN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, YIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
YIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
5.30
3 important support areas can be observed.
We found 1 important resistance area.
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 |
---|---|---|---|
7.31 | 7.18 | 0.13 (1.78%) | 25.00% |
An entry @7.31. This is a Buy Stop order right above the resistance zone. | An exit @7.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 1.78%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:YIN (11/17/2020, 8:20:02 PM)
7.25
+0.01 (+0.14%)