YSXT Technical Analysis - YSX TECH CO LTD

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to YSXT. YSXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

100% of all other stocks performed better in the past year than YSXT.

YSXT is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, of which 84% are performing better than YSXT.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

In the last month YSXT has a been trading in the 1.68 - 2.80 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

YSX TECH CO LTD / YSXT Weekly stock chart

YSX TECH CO LTD / YSXT Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, YSXT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for YSXT in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.22

6.05

When analyzing the support we can see 2 important areas.

Support @2.48 from a trend line in the daily time frame.
Support @2.24 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 5.99 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for YSXT is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for YSXT is neutral.
ChartMill Relative Strength	0	NEGATIVE	YSXT has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of YSXT is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of YSXT is below a declining SMA(50).
Relative Strength Index/RSI (14)	47.97	NEUTRAL	The RSI value for YSXT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests YSXT has a positive trend.
Stochastics (14,3)	59	NEUTRAL	The Stochastics value for YSXT is a neutral value.
Average True Range in percent/ATR (20)	10.83	HIGH VOLATILITY	The high ATR as a percentage value for YSXT suggests high volalility.
Average Directional Index/ADX (14)	20.92	NEUTRAL	The ADX value for YSXT suggests a possible start of a new trend.