YUMANITY THERAPEUTICS INC (YMTX) Technical Analysis
NASDAQ:YMTX • US98872L1026
Current stock price
YMTX Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to YMTX. YMTX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 65% of all other stocks performed better in the past year than YMTX.
- YMTX 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 YMTX has a been trading in the 1.40 - 2.22 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- YMTX is an average performer in the Biotechnology industry, it outperforms 44% of 515 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
YMTX Weekly and Daily overview Charts
YMTX Setup Rating and Analysis
YMTX 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
YMTX Support and Resistance Analysis
1.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.66 to 1.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.98 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
YMTX 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 | NEUTRAL | NEUTRAL | The long term trend for YMTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YMTX is neutral. |
| ChartMill Relative Strength | 35.5 | NEUTRAL | YMTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YMTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YMTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YMTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.71 | NEUTRAL | The RSI value for YMTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests YMTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.96 | NEUTRAL | The Stochastics value for YMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for YMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.82 | POSITIVE | The high ADX value value for YMTX suggests a strong trend. |
YMTX Chart- and CandleStick Pattern Analysis
YMTX Technicals: Chart, Performance Metrics, Trend & Indicators
1.89
+0.15 (+8.62%)
YUMANITY THERAPEUTICS INC / YMTX TA FAQ
What is the technical rating for YMTX stock?
ChartMill assigns a technical rating of 5 / 10 to YMTX.
What is the trend direction for YMTX stock?
The current trend direction for YUMANITY THERAPEUTICS INC (YMTX) is Bearish.
What is the RSI signal for YUMANITY THERAPEUTICS INC (YMTX) stock?
YUMANITY THERAPEUTICS INC (YMTX) has an RSI value of 51.7052. This indicates that the stock is currently neutral.
What is the short term momentum for YUMANITY THERAPEUTICS INC (YMTX) stock?
The short term momentum for YUMANITY THERAPEUTICS INC (YMTX) is neutral.