FULL TRUCK ALLIANCE -SPN ADR (YMM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YMM - US35969L1089 - ADR
Taking everything into account, YMM scores 0 out of 10 in our technical rating. YMM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
YMM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for YMM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.10
When analyzing the support we can see 2 important areas.
- Support @10.61 from a trend line in the weekly time frame.
- A support zone ranging from 10.20 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.26 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.77 to 11.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.69 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 | DOWN | NEGATIVE | The long term trend for YMM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YMM is down. |
| ChartMill Relative Strength | 26.53 | NEGATIVE | YMM has a low relative strength, it was outperformed by 73.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YMM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YMM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YMM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.79 | NEUTRAL | The RSI value for YMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests YMM has a positive trend. |
| Stochastics (14,3) | 11.62 | OVERSOLD | The low Stochastics value suggests YMM may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 10.45 | NEGATIVE | The low ADX value for YMM suggests a weak or negative trend. |
11.17
+0.07 (+0.63%)
FULL TRUCK ALLIANCE -SPN ADR / YMM FAQ
What is the technical rating for YMM stock?
ChartMill assigns a technical rating of 0 / 10 to YMM.
What is the trend direction for YMM stock?
The current trend direction for FULL TRUCK ALLIANCE -SPN ADR (YMM) is Bearish.
What is the RSI signal for FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?
FULL TRUCK ALLIANCE -SPN ADR (YMM) has an RSI value of 43.794. This indicates that the stock is currently neutral.
What is the MACD signal for YMM stock?
The MACD indicator for FULL TRUCK ALLIANCE -SPN ADR (YMM) has a value of 0.010515, indicating a bearish trend.
What is the short term momentum for FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?
The short term momentum for FULL TRUCK ALLIANCE -SPN ADR (YMM) is negative.