Overall YINN gets a technical rating of 3 out of 10. Although YINN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
YINN has a poor technical rating and the quality of the setup is also not perfect 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.
31.07
We found 3 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for YINN is down. |
| ChartMill Relative Strength | 89.85 | POSITIVE | YINN has a high relative strength, it outperformed 89.85% off all stocks 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) | DOWN | NEGATIVE | The current price of YINN is below a declining 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) | 45.19 | NEUTRAL | The RSI value for YINN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests YINN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.37 | NEUTRAL | The Stochastics value for YINN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for YINN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for YINN suggests a weak or negative trend. |
46.1
+0.51 (+1.12%)
ChartMill assigns a technical rating of 3 / 10 to YINN.
The current trend direction for DRX DLY FTSE CHINA BULL 3X (YINN) is Bearish.
DRX DLY FTSE CHINA BULL 3X (YINN) has an RSI value of 45.1919. This indicates that the stock is currently neutral.
The MACD indicator for DRX DLY FTSE CHINA BULL 3X (YINN) has a value of -0.153151, indicating a bearish trend.
DRX DLY FTSE CHINA BULL 3X (YINN) has a support level at 43.7 and a resistance level at 49.63. Check the full technical report for our detailed analysis of YINN support and resistance levels.