Yintech Investment Holdings (YIN) Stock Technical Analysis
NASDAQ:YIN - Nasdaq -
Overall YIN gets a technical rating of 10 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, YIN is showing a nice and steady performance.
Warning: YIN has an average volume of 7786 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, YIN did better than 85% of all other stocks. On top of that, YIN also shows a nice and consistent pattern of rising prices.
YIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month YIN has a been trading in a tight range between 7.19 and 7.29.
Volume is considerably higher in the last couple of days.
YIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
5.30
7.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.10 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.01 from a trend line in the weekly time frame.
- Support @5.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.26 to 7.30. 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
CRS85.45
Mansfield0.18
10 Day High7.25
10 Day Low7.19
20 Day High7.29
20 Day Low7.19
52 Week High7.29
52 Week Low4.54
Performance
1 Week0.69%
2 Weeks0.69%
1 Month0.69%
3 Month0.69%
6 Month25%
12 Month61.11%
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)61.99
LBB7.17
UBB7.26
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 |
|---|---|---|---|
| 7.31 | 7.18 | 0.13 (1.78%) | 25.00% |
| An entry @7.31. This is a Buy Stop order right above the resistance zone. | An exit @7.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 1.78%. | For a 0.44% total portfolio risk, you can invest 25.00% 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.
NASDAQ:YIN (11/17/2020, 8:20:02 PM)
7.25
+0.01 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week0.69%
2 Weeks0.69%
1 Month0.69%
3 Month0.69%
6 Month25%
12 Month61.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.32%
ATR Inc20.21%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.45
Mansfield0.18
10 Day High7.25
10 Day Low7.19
20 Day High7.29
20 Day Low7.19
52 Week High7.29
52 Week Low4.54
CS1 End7.22
CR1 Start7.26
Volume & EV
DER(3)-1.26%
DER(5)-1.73%
Volume14.00K
Volume Incr98.17%
Vol(5)14.10K
Vol(50)7.79K