Y-MABS THERAPEUTICS INC (YMAB) Technical Analysis
NASDAQ:YMAB • US9842411095
Current stock price
YMAB Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- YMAB has an average volume of 1062890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that YMAB is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- YMAB is part of the Biotechnology industry. There are 517 other stocks in this industry, YMAB did better than 64% of them.
- YMAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YMAB is lagging the market.
- In the last month YMAB has a been trading in a tight range between 8.51 and 8.61.
- Considerably lower volume is observed in the last couple of days.
YMAB Weekly and Daily overview Charts
YMAB Setup Rating and Analysis
Although YMAB has an excellent technical rating, the quality of the presented setup is not ideal 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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YMAB Support and Resistance Analysis
4.17
3 important support areas can be observed.
- 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.
YMAB 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 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. |
YMAB Chart- and CandleStick Pattern Analysis
YMAB Technicals: Chart, Performance Metrics, Trend & Indicators
8.61
+0.02 (+0.23%)
Y-MABS THERAPEUTICS INC / YMAB TA FAQ
What is the technical rating for YMAB stock?
ChartMill assigns a technical rating of 9 / 10 to YMAB.
What is the current trend direction of Y-MABS THERAPEUTICS INC (YMAB) stock?
The current trend direction for Y-MABS THERAPEUTICS INC (YMAB) is Bullish.
What is the RSI signal for YMAB stock?
Y-MABS THERAPEUTICS INC (YMAB) has an RSI value of 81.4697. This indicates that the stock is currently overbought.
Can you provide the short term momentum for Y-MABS THERAPEUTICS INC?
The short term momentum for Y-MABS THERAPEUTICS INC (YMAB) is positive.
What are the support and resistance levels for Y-MABS THERAPEUTICS INC (YMAB) stock?
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.