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 2 out of 10 to YMM. Recently some decent action could be observed, but in the medium term time frame this is still negative. YMM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, YMM is a bad performer in the overall market: 83% of all stocks are doing better.
- YMM is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 70% are performing better than YMM.
- YMM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month YMM has a been trading in the 8.04 - 9.02 range, which is quite wide. It is currently trading near the high of this range.
- YMM has an average volume of 6789980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
YMM Weekly and Daily overview Charts
YMM Setup Rating and Analysis
The technical rating of YMM is bad and it also does not present a quality setup 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
YMM Support and Resistance Analysis
7.98
We found 1 important support area.
- A support zone ranging from 8.06 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.89 to 8.93. 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 | UP | POSITIVE | The short term trend for YMM is up. |
| ChartMill Relative Strength | 17.32 | NEGATIVE | YMM has a low relative strength, it was outperformed by 82.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YMM is above 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) | DOWN | NEGATIVE | The current price of YMM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.7 | NEUTRAL | The RSI value for YMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests YMM has a positive trend. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests YMM may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for YMM suggests a possible start of a new trend. |
YMM Chart- and CandleStick Pattern Analysis
YMM Technicals: Chart, Performance Metrics, Trend & Indicators
8.88
+0.07 (+0.79%)
FULL TRUCK ALLIANCE -SPN ADR / YMM TA FAQ
What is the technical rating for YMM stock?
ChartMill assigns a technical rating of 2 / 10 to YMM.
What is the current trend direction of FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?
The current trend direction for FULL TRUCK ALLIANCE -SPN ADR (YMM) is Bearish.
Can you provide the RSI signal for FULL TRUCK ALLIANCE -SPN ADR?
FULL TRUCK ALLIANCE -SPN ADR (YMM) has an RSI value of 59.6991. 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 0.119454, indicating a bearish trend.
What is the short term momentum for YMM stock?
The short term momentum for FULL TRUCK ALLIANCE -SPN ADR (YMM) is positive.