FULL TRUCK ALLIANCE -SPN ADR (YMM) Technical Analysis
NYSE:YMM • US35969L1089
Current stock price
YMM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to YMM. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than YMM.
- YMM is one of the lesser performing stocks in the Ground Transportation industry. 73% of 42 stocks in the same industry do better.
- YMM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so YMM is lagging the market.
- In the last month YMM has a been trading in the 8.68 - 9.73 range, which is quite wide. It is currently trading near the lows of this range.
- YMM has an average volume of 9104010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
YMM Weekly and Daily overview Charts
YMM Setup Rating and Analysis
Although the technical rating is bad, YMM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.77, 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.
More info and screens
YMM Support and Resistance Analysis
8.68
We found 1 important support area.
- A support zone ranging from 8.77 to 8.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.06 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.82 to 9.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
YMM 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 | 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 | 12.01 | NEGATIVE | YMM has a low relative strength, it was outperformed by 87.99% 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) | 31.83 | NEUTRAL | The RSI value for YMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests YMM has a negative trend. |
| Stochastics (14,3) | 25.69 | NEUTRAL | The Stochastics value for YMM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for YMM suggests a strong trend. |
YMM Chart- and CandleStick Pattern Analysis
YMM Technicals: Chart, Performance Metrics, Trend & Indicators
8.78
-0.2 (-2.23%)
FULL TRUCK ALLIANCE -SPN ADR / YMM TA FAQ
What is the technical rating for YMM stock?
ChartMill assigns a technical rating of 0 / 10 to YMM.
Can you provide the trend direction for FULL TRUCK ALLIANCE -SPN ADR?
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 31.8298. This indicates that the stock is currently neutral.
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.
Can you provide the buy/sell signal for FULL TRUCK ALLIANCE -SPN ADR?
The buy/sell signal for FULL TRUCK ALLIANCE -SPN ADR (YMM) is sell as both the short term and long term trends are negative.