CONNEXA SPORTS TECHNOLOGIES (YYAI) Stock Technical Analysis
NASDAQ:YYAI - Nasdaq - US8314454088 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to YYAI. Although YYAI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
YYAI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so YYAI is lagging the market.
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.
YYAI is part of the Leisure Products industry. There are 30 other stocks in this industry. YYAI outperforms 96% of them.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that YYAI is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month YYAI has a been trading in the 0.75 - 1.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
YYAI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.69
1.04
We found 4 important support areas.
- A support zone ranging from 0.89 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.84 from a trend line in the daily time frame.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.70 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.99 from a trend line in the daily time frame.
- A resistance zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield-7.82
10 Day High1.07
10 Day Low0.82
20 Day High1.07
20 Day Low0.75
52 Week High18.96
52 Week Low0.33
Performance
1 Week8.85%
2 Weeks9.96%
1 Month21.43%
3 Month46.07%
6 Month-73.44%
12 Month27.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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
RSI(14)56.45
LBB0.79
UBB0.99
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.00 | 0.88 | 0.12 (12.00%) | 8.33% |
| An entry @1.00. 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 0.12 points, which is 12.00%. | For a 1.00% total portfolio risk, you can invest 8.33% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of YYAI. Please evaluate whether better entry and exit points can be found.
- 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.
0.935
+0.02 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.66%
1 Week8.85%
2 Weeks9.96%
1 Month21.43%
3 Month46.07%
6 Month-73.44%
12 Month27.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.6%
ATR Inc-58.77%
Range Today0.03
ADR(20)0.09
ADR(20)%9.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield-7.82
10 Day High1.07
10 Day Low0.82
20 Day High1.07
20 Day Low0.75
52 Week High18.96
52 Week Low0.33
CS1 End0.91
CR1 Start0.99
Volume & EV
DER(3)-4.64%
DER(5)-5.59%
Volume112.40K
Volume Incr-34.74%
Vol(5)125.31K
Vol(50)204.97K