Taking everything into account, YMTX scores 5 out of 10 in our technical rating. 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 part of the Biotechnology industry. There are 524 other stocks in this industry, YMTX did better than 55% 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
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. |
1.89
+0.15 (+8.62%)
YUMANITY THERAPEUTICS INC / YMTX 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.
Can you provide the RSI signal for YUMANITY THERAPEUTICS INC?
YUMANITY THERAPEUTICS INC (YMTX) has an RSI value of 51.7052. This indicates that the stock is currently neutral.
What is the MACD signal for YUMANITY THERAPEUTICS INC (YMTX) stock?
The MACD indicator for YUMANITY THERAPEUTICS INC (YMTX) has a value of -0.0207693, indicating a bearish trend.
What are the support and resistance levels for YUMANITY THERAPEUTICS INC (YMTX) stock?
YUMANITY THERAPEUTICS INC (YMTX) has a support level at 1.68 and a resistance level at 1.98. Check the full technical report for our detailed analysis of YMTX support and resistance levels.