Logo image of YS

YS BIOPHARMA CO LTD (YS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:YS - KYG9845F1090 - Common Stock

1.02 USD
+0.11 (+12.45%)
Last: 5/24/2024, 8:06:00 PM
1.07 USD
+0.05 (+4.9%)
After Hours: 5/24/2024, 8:06:00 PM
Technical Rating and Analysis

9

Overall YS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, YS is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
YS is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 534 stocks in the same industry.
In the last month YS has a been trading in the 0.70 - 1.10 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that YS is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
YS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YS is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
YS BIOPHARMA CO LTD / YS Weekly stock chart
YS BIOPHARMA CO LTD / YS Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, YS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.02. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.75

1.05

3 important support areas can be observed.

  • A support zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.84 from a trend line in the daily time frame.
  • Support @0.76 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.02 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for YS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for YS is up.
ChartMill Relative Strength96.68POSITIVEYS has a high relative strength, it outperformed 96.68% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of YS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of YS is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of YS is above a declining SMA(200).
Relative Strength Index/RSI (14)61.16NEUTRALThe RSI value for YS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests YS has a positive trend.
Stochastics (14,3)67.75NEUTRALThe Stochastics value for YS is a neutral value.
Average True Range in percent/ATR (20)9.31HIGH VOLATILITYThe high ATR as a percentage value for YS suggests high volalility.
Average Directional Index/ADX (14)19.19NEGATIVEThe low ADX value for YS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.050.880.17 (16.19%)6.18%
An entry @1.05. This is a Buy Stop order right above the resistance zone.An exit @0.88. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.17 points, which is 16.19%.For a 1.00% total portfolio risk, you can invest 6.18% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
YS BIOPHARMA CO LTD / YS Daily stock chart

YS BIOPHARMA CO LTD

NASDAQ:YS (5/24/2024, 8:06:00 PM)

After market: 1.07 +0.05 (+4.9%)

1.02

+0.11 (+12.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.45%
1 Week4.31%
2 Weeks5.15%
1 Month27.5%
3 Month158.29%
6 Month63.51%
12 Month-22.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.31%
ATR Inc32.05%
Range Today0.2
ADR(20)0.09
ADR(20)%8.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.68
3 months CRSN/A
6 months CRSN/A
Mansfield0.67
10 Day High1.1
10 Day Low0.81
20 Day High1.1
20 Day Low0.7
52 Week High1.78
52 Week Low0.35
CS1 End0.9
CR1 Start1.02
Volume & EV
DER(3)1.94%
DER(5)-1.27%
Volume107.20K
Volume Incr-27.18%
Vol(5)58.52K
Vol(50)127.25K

YS BIOPHARMA CO LTD / YS FAQ

What is the technical rating for YS stock?

ChartMill assigns a technical rating of 9 / 10 to YS.


What is the current trend direction of YS BIOPHARMA CO LTD (YS) stock?

The current trend direction for YS BIOPHARMA CO LTD (YS) is Bullish.


Can you provide the RSI signal for YS BIOPHARMA CO LTD?

YS BIOPHARMA CO LTD (YS) has an RSI value of 61.1562. This indicates that the stock is currently neutral.


Can you provide the MACD signal for YS BIOPHARMA CO LTD?

The MACD indicator for YS BIOPHARMA CO LTD (YS) has a value of 0.00113808, indicating a bearish trend.


Can you provide the support and resistance levels for YS BIOPHARMA CO LTD?

YS BIOPHARMA CO LTD (YS) has a support level at 0.9 and a resistance level at 1.02. Check the full technical report for our detailed analysis of YS support and resistance levels.