Taking everything into account, YMAT scores 0 out of 10 in our technical rating. YMAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, YMAT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
0.64
When analyzing the resistance we notice 2 important 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 | DOWN | NEGATIVE | The long term trend for YMAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YMAT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | YMAT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YMAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YMAT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.52 | NEUTRAL | The RSI value for YMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests YMAT has a negative trend. |
| Stochastics (14,3) | 30.12 | NEUTRAL | The Stochastics value for YMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 14.36 | HIGH VOLATILITY | The high ATR as a percentage value for YMAT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for YMAT suggests a weak or negative trend. |
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-0.04 (-5.8%)
ChartMill assigns a technical rating of 0 / 10 to YMAT.
The current trend direction for J-STAR HOLDING CO LTD-A (YMAT) is Bearish.
J-STAR HOLDING CO LTD-A (YMAT) has an RSI value of 36.5245. This indicates that the stock is currently neutral.
The MACD indicator for J-STAR HOLDING CO LTD-A (YMAT) has a value of -0.0052397, indicating a bearish trend.
The short term momentum for J-STAR HOLDING CO LTD-A (YMAT) is negative.