FULL TRUCK ALLIANCE -SPN ADR (YMM) Stock Technical Analysis
USA - NYSE:YMM - US35969L1089 - ADR
12.61 USD
+0.12 (+0.96%)
12.61 USD
0 (0%)
Overall YMM gets a technical rating of 6 out of 10. In the last year, YMM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Looking at the yearly performance, YMM did better than 83% of all other stocks. On top of that, YMM also shows a nice and consistent pattern of rising prices.
YMM is part of the Ground Transportation industry. There are 42 other stocks in this industry. YMM outperforms 87% of them.
YMM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so YMM is lagging the market slightly.
YMM has an average volume of 9474370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month YMM has a been trading in the 11.66 - 14.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
YMM has an average technical rating and the quality of the presented setup is also not ideal 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
11.24
14.15
2 important support areas can be observed.
- A support zone ranging from 11.77 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.35 to 11.42. 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 12.71 to 12.99. 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 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 | 83.62 | POSITIVE | YMM has a high relative strength, it outperformed 83.62% 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 | POSITIVE | The current price of YMM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.76 | 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) | 30.09 | NEUTRAL | The Stochastics value for YMM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for YMM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.35 | 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)
12.61
+0.12 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.96%
1 Week-1.64%
2 Weeks-5.83%
1 Month-8.42%
3 Month2.85%
6 Month25.22%
12 Month42%
2 Year91.93%
3 Year164.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.54%
ATR Inc-20.44%
Range Today0.29
ADR(20)0.41
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.62
Mansfield-0.07
10 Day High14.07
10 Day Low11.66
20 Day High14.07
20 Day Low11.66
52 Week High14.07
52 Week Low8.2
CS1 End11.87
CR1 Start12.71
Volume & EV
DER(3)-0.73%
DER(5)-0.19%
Volume4.48M
Volume Incr-0.13%
Vol(5)7.05M
Vol(50)9.47M