DRX DLY FTSE CHINA BULL 3X (YINN) Stock Technical Analysis
USA - NYSEARCA:YINN - US25460G1958 - ETF
43.42 USD
-8.26 (-15.98%)
42.36 USD
-1.06 (-2.44%)
Overall YINN gets a technical rating of 4 out of 10. YINN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month YINN has a been trading in the 42.51 - 57.71 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
YINN 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 YINN is lagging the market slightly.
YINN has an average volume of 2900580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, YINN outperforms 68% of them, which is more or less in line with the market.
YINN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.82
57.18
2 important support areas can be observed.
- Support @38.32 from a trend line in the weekly time frame.
- Support @30.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @56.61 from a horizontal line in the daily 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 YINN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YINN is neutral. |
| ChartMill Relative Strength | 68.64 | NEUTRAL | YINN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YINN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of YINN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YINN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.95 | NEUTRAL | The RSI value for YINN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests YINN has a negative trend. |
| Stochastics (14,3) | 23.64 | NEUTRAL | The Stochastics value for YINN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for YINN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for YINN suggests a possible start of a new 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)
43.42
-8.26 (-15.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.98%
1 Week-21.57%
2 Weeks-15.39%
1 Month-16.8%
3 Month9.07%
6 Month44.35%
12 Month6.58%
2 Year72.37%
3 Year116.88%
5 Year-87.06%
10 Year-90%
15 YearN/A
Volatility
ATR(14)2.57
ATR(20)%5.6%
ATR Inc232.64%
Range Today9.79
ADR(20)1.87
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.64
Mansfield0.58
10 Day High57.71
10 Day Low42.51
20 Day High57.71
20 Day Low42.51
52 Week High57.71
52 Week Low21.41
CS1 End38.32
CR1 Start56.61
Volume & EV
DER(3)-5.75%
DER(5)-3.33%
Volume14.85M
Volume Incr88.26%
Vol(5)4.45M
Vol(50)2.90M