FULL TRUCK ALLIANCE -SPN ADR (YMM) Stock Technical Analysis
USA - NYSE:YMM - US35969L1089 - ADR
We assign a technical rating of 3 out of 10 to YMM. Although YMM 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.
YMM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.24, a Stop Loss order could be placed below this zone. 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.
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10.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.23 to 12.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.56 to 11.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.65 to 10.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.64 to 13.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.63 to 13.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.01 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 | NEUTRAL | NEUTRAL | The long term trend for YMM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YMM is down. |
| ChartMill Relative Strength | 86.61 | POSITIVE | YMM has a high relative strength, it outperformed 86.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of YMM is below the rising 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) | UP | POSITIVE | The current price of YMM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.98 | NEUTRAL | The RSI value for YMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests YMM has a negative trend. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for YMM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for YMM suggests a weak or negative trend. |
12.36
-0.11 (-0.88%)
FULL TRUCK ALLIANCE -SPN ADR / YMM FAQ
What is the technical rating for YMM stock?
ChartMill assigns a technical rating of 3 / 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 42.9787. 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 -0.0385182, 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.