YIMUTIAN INC (YMT) Technical Analysis
NASDAQ:YMT • US9859151071
Current stock price
YMT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to YMT. YMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, YMT is a bad performer in the overall market: 100% of all stocks are doing better.
- YMT is one of the lesser performing stocks in the Interactive Media & Services industry. 92% of 69 stocks in the same industry do better.
- In the last month YMT has a been trading in the 0.15 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- YMT has an average volume of 6954120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
YMT Weekly and Daily overview Charts
YMT Setup Rating and Analysis
The technical rating of YMT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
YMT Support and Resistance Analysis
0.15
When analyzing the resistance we notice one important area.
- Resistance @0.21 from a trend line in the daily time frame.
YMT 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 YMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YMT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | YMT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YMT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 25.59 | OVERSOLD | The low RSI value suggests YMT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests YMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.77 | OVERSOLD | The low Stochastics value suggests YMT may be oversold. |
| Average True Range in percent/ATR (20) | 17.82 | HIGH VOLATILITY | The high ATR as a percentage value for YMT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for YMT suggests a weak or negative trend. |
YMT Chart- and CandleStick Pattern Analysis
YMT Technicals: Chart, Performance Metrics, Trend & Indicators
0.1528
-0.02 (-9.59%)
YIMUTIAN INC / YMT TA FAQ
What is the ChartMill technical rating of YIMUTIAN INC (YMT) stock?
ChartMill assigns a technical rating of 0 / 10 to YMT.
What is the current trend direction of YIMUTIAN INC (YMT) stock?
The current trend direction for YIMUTIAN INC (YMT) is Bearish.
What is the RSI signal for YIMUTIAN INC (YMT) stock?
YIMUTIAN INC (YMT) has an RSI value of 25.5911. This indicates that the stock is currently oversold.
What is the short term momentum for YMT stock?
The short term momentum for YIMUTIAN INC (YMT) is negative.
What is the buy/sell signal for YMT stock?
The buy/sell signal for YIMUTIAN INC (YMT) is sell as both the short term and long term trends are negative.