YTY Technical Analysis - WI2WI CORP

Technical Rating and Analysis

Overall YTY gets a technical rating of 0 out of 10. YTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

77% of all other stocks performed better in the past year than YTY.

YTY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month YTY has a been trading in the 0.02 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

YTY is part of the Communications Equipment industry. There are 12 other stocks in this industry, YTY did better than 45% of them.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of YTY is bad and it also does not present a quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

0.02

0.04

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 YTY.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for YTY.CA is down.
ChartMill Relative Strength	23.51	NEGATIVE	YTY.CA has a low relative strength, it was outperformed by 76.49% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of YTY.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of YTY.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of YTY.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.18	NEUTRAL	The RSI value for YTY.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests YTY.CA has a negative trend.
Stochastics (14,3)	16.67	OVERSOLD	The low Stochastics value suggests YTY.CA may be oversold.
Average True Range in percent/ATR (20)	13.75	HIGH VOLATILITY	The high ATR as a percentage value for YTY.CA suggests high volalility.
Average Directional Index/ADX (14)	18.29	NEGATIVE	The low ADX value for YTY.CA suggests a weak or negative trend.