JOYY INC-ADR (YY)

US46591M1099 - ADR

33.565  -0.26 (-0.75%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to YY. YY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, YY did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
YY is an average performer in the Interactive Media & Services industry, it outperforms 65% of 68 stocks in the same industry.
YY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so YY is lagging the market slightly.
In the last month YY has a been trading in the 31.76 - 35.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
YY Weekly chart
YY Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, YY does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 33.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for YY in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

29.20

42.02

3 important support areas can be observed.

  • A support zone ranging from 32.91 to 33.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.07 from a trend line in the weekly time frame.
  • A support zone ranging from 29.49 to 29.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 33.68 to 34.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @34.94 from a horizontal line in the daily time frame.
  • Resistance @41.60 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.8
Mansfield-1.03
10 Day High34.11
10 Day Low32.07
20 Day High35.13
20 Day Low31.76
52 Week High43.2
52 Week Low24.12
Performance
1 Week1.78%
2 Weeks3.55%
1 Month0%
3 Month8.85%
6 Month-18.9%
12 Month13.26%
2 Year-20.22%
3 Year-56.05%
5 Year-50.59%
10 Year-48.06%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)56.63
LBB31.65
UBB33.95
YY Daily chart

JOYY INC-ADR

NASDAQ:YY (5/3/2024, 9:56:08 AM)

33.565

-0.26 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.75%
1 Week1.78%
2 Weeks3.55%
1 Month0%
3 Month8.85%
6 Month-18.9%
12 Month13.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%2.51%
ATR Inc
Range Today0.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.11
10 Day Low32.07
20 Day High35.13
20 Day Low31.76
52 Week High43.2
52 Week Low24.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume57.65K
Volume Incr-25.32%
Vol(5)337.58K
Vol(50)654.23K