Y-MABS THERAPEUTICS INC (YMAB) Stock Technical Analysis
USA - NASDAQ:YMAB - US9842411095 - Common Stock
Overall YMAB gets a technical rating of 9 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, YMAB is showing a nice and steady performance.
YMAB has an excellent technical rating, but the quality of the setup is only medium 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.
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4.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.51 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.48 from a trend line in the daily time frame.
- Support @4.21 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.62 to 8.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.47 from a trend line in the weekly time frame.
- Resistance @12.70 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for YMAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YMAB is up. |
| ChartMill Relative Strength | 85.61 | POSITIVE | YMAB has a high relative strength, it outperformed 85.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YMAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YMAB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 81.47 | OVERBOUGHT | The high RSI value suggests YMAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests YMAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests YMAB may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for YMAB suggests low volalility. |
| Average Directional Index/ADX (14) | 61.21 | POSITIVE | The high ADX value value for YMAB suggests a strong trend. |
8.61
+0.02 (+0.23%)
Y-MABS THERAPEUTICS INC / YMAB FAQ
What is the technical rating for YMAB stock?
ChartMill assigns a technical rating of 9 / 10 to YMAB.
What is the trend direction for YMAB stock?
The current trend direction for Y-MABS THERAPEUTICS INC (YMAB) is Bullish.
Can you provide the RSI signal for Y-MABS THERAPEUTICS INC?
Y-MABS THERAPEUTICS INC (YMAB) has an RSI value of 81.4697. This indicates that the stock is currently overbought.
What is the short term momentum for Y-MABS THERAPEUTICS INC (YMAB) stock?
The short term momentum for Y-MABS THERAPEUTICS INC (YMAB) is positive.
Can you provide the support and resistance levels for Y-MABS THERAPEUTICS INC?
Y-MABS THERAPEUTICS INC (YMAB) has a support level at 8.6 and a resistance level at 8.62. Check the full technical report for our detailed analysis of YMAB support and resistance levels.