We assign a technical rating of 8 out of 10 to YOLO. Both in the recent history as in the last year, YOLO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although YOLO has an excellent technical rating, it does not present a decent entry opportunity 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
2.74
We found 3 important support areas.
- A support zone ranging from 3.16 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.89 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.77 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.91 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for YOLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YOLO is up. |
| ChartMill Relative Strength | 88.39 | POSITIVE | YOLO has a high relative strength, it outperformed 88.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YOLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of YOLO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YOLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.58 | NEUTRAL | The RSI value for YOLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests YOLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.28 | NEUTRAL | The Stochastics value for YOLO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for YOLO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.46 | POSITIVE | The high ADX value value for YOLO suggests a strong trend. |
3.54
-0.12 (-3.28%)
ADVISORSHARES PURE CANNABIS / YOLO FAQ
Can you provide the ChartMill technical rating for ADVISORSHARES PURE CANNABIS?
ChartMill assigns a technical rating of 8 / 10 to YOLO.
Can you provide the trend direction for ADVISORSHARES PURE CANNABIS?
The current trend direction for ADVISORSHARES PURE CANNABIS (YOLO) is Bullish.
What is the RSI signal for YOLO stock?
ADVISORSHARES PURE CANNABIS (YOLO) has an RSI value of 55.5756. This indicates that the stock is currently neutral.
What is the buy/sell signal for YOLO stock?
The buy/sell signal for ADVISORSHARES PURE CANNABIS (YOLO) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ADVISORSHARES PURE CANNABIS (YOLO) stock?
ADVISORSHARES PURE CANNABIS (YOLO) has a support level at 3.17 and a resistance level at 3.91. Check the full technical report for our detailed analysis of YOLO support and resistance levels.