Yintech Investment Holdings (YIN) Technical Analysis
NASDAQ:YIN
Current stock price
YIN Technical Rating and Analysis
Overall YIN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, YIN is showing a nice and steady performance.
- Warning: YIN has an average volume of 7786 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that YIN is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by YIN over the past year are nicely spread over this period.
- YIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so YIN is leading the market.
- In the last month YIN has a been trading in a tight range between 7.19 and 7.29.
- Volume is considerably higher in the last couple of days.
YIN Weekly and Daily overview Charts
YIN Setup Rating and Analysis
Besides having an excellent technical rating, YIN 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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
YIN Support and Resistance Analysis
5.30
3 important support areas can be observed.
- A support zone ranging from 7.10 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.01 from a trend line in the weekly time frame.
- Support @5.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.26 to 7.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
YIN 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 | UP | POSITIVE | The long term trend for YIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YIN is up. |
| ChartMill Relative Strength | 85.45 | POSITIVE | YIN has a high relative strength, it outperformed 85.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.99 | NEUTRAL | The RSI value for YIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests YIN has a positive trend. |
| Stochastics (14,3) | 43.33 | NEUTRAL | The Stochastics value for YIN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for YIN suggests low volalility. |
YIN Chart- and CandleStick Pattern Analysis
YIN Example Setup
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 worst case loss on the trade is limited to 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. |
- 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.
YIN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:YIN (11/17/2020, 8:20:02 PM)
7.25
+0.01 (+0.14%)
Yintech Investment Holdings / YIN TA FAQ
Can you provide the ChartMill technical rating for Yintech Investment Holdings?
ChartMill assigns a technical rating of 9 / 10 to YIN.
What is the trend direction for YIN stock?
The current trend direction for Yintech Investment Holdings (YIN) is Bullish.
What is the RSI signal for Yintech Investment Holdings (YIN) stock?
Yintech Investment Holdings (YIN) has an RSI value of 61.9914. This indicates that the stock is currently neutral.
What is the buy/sell signal for YIN stock?
The buy/sell signal for Yintech Investment Holdings (YIN) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Yintech Investment Holdings?
Yintech Investment Holdings (YIN) has a support level at 7.22 and a resistance level at 7.26. Check the full technical report for our detailed analysis of YIN support and resistance levels.