FULL TRUCK ALLIANCE -SPN ADR (YMM) Stock Technical Analysis
NYSE:YMM - New York Stock Exchange, Inc. - US35969L1089 - ADR - Currency: USD
We assign a technical rating of 4 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month YMM has a been trading in the 10.26 - 13.35 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that YMM is one of the better performing stocks in the market, outperforming 84% of all stocks.
YMM is part of the Ground Transportation industry. There are 40 other stocks in this industry. YMM outperforms 89% of them.
YMM has an average volume of 8723170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
YMM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YMM is lagging the market.
Volume is considerably higher in the last couple of days.
YMM has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
9.56
13.83
2 important support areas can be observed.
- A support zone ranging from 10.76 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.66 to 9.66. 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 11.84 to 11.99. 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 12.50 to 12.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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 | 84.69 | POSITIVE | YMM has a high relative strength, it outperformed 84.69% 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) | UP | MIXED | The current price of YMM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of YMM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for YMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests YMM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.39 | NEUTRAL | The Stochastics value for YMM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for YMM suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.22
+0.23 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg2.09%
1 Week-5.16%
2 Weeks-6.66%
1 Month-11.65%
3 Month-2.43%
6 Month-7.96%
12 Month55.4%
2 Year67.46%
3 Year42.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.56%
ATR Inc15.44%
Range Today0.41
ADR(20)0.47
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.69
Mansfield-0.2
10 Day High12.24
10 Day Low10.26
20 Day High13.35
20 Day Low10.26
52 Week High13.85
52 Week Low6.85
CS1 End10.78
CR1 Start11.84
Volume & EV
DER(3)5.09%
DER(5)6.22%
Volume14.72M
Volume Incr102.94%
Vol(5)19.79M
Vol(50)8.72M