YUMANITY THERAPEUTICS INC (YMTX) Stock Technical Analysis
NASDAQ:YMTX - Nasdaq - US98872L1026 - Common Stock - Currency: USD
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
YMTX is part of the Biotechnology industry. There are 558 other stocks in this industry, YMTX did better than 59% of them.
Volume is considerably higher in the last couple of days.
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
1.56
2.02
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.
We found 1 important resistance 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.
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. |
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)
1.89
+0.15 (+8.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.62%
1 Week-5.03%
2 Weeks9.88%
1 Month5.59%
3 Month13.86%
6 Month14.55%
12 Month-43.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%8.46%
ATR Inc127.07%
Range Today0.49
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.5
Mansfield2.16
10 Day High2.22
10 Day Low1.4
20 Day High2.22
20 Day Low1.4
52 Week High3.78
52 Week Low0.95
CS1 End1.68
CR1 Start1.98
Volume & EV
DER(3)2.48%
DER(5)5.36%
Volume697.40K
Volume Incr214.39%
Vol(5)579.88K
Vol(50)142.16K