YOTTA ACQUISITION CORP (YOTA) Stock Technical Analysis
NASDAQ:YOTA - Nasdaq - US98741Y1038 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to YOTA. Although YOTA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
YOTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: YOTA has an average volume of 2876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, YOTA turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
In the last month YOTA has a been trading in the 11.06 - 12.40 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.
YOTA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.39, a Stop Loss order could be placed below this zone.
More info and screens
10.24
11.93
4 important support areas can be observed.
- A support zone ranging from 11.21 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.00 from a horizontal line in the daily time frame.
- A support zone ranging from 10.69 to 10.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 10.34 to 10.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.77 to 11.81. 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
CRS64.65
Mansfield-0.98
10 Day High12.4
10 Day Low11.28
20 Day High12.4
20 Day Low11.06
52 Week High15.49
52 Week Low10.35
Performance
1 Week0.96%
2 Weeks2.31%
1 Month3.59%
3 Month3.04%
6 Month4.82%
12 Month7.86%
2 Year12.6%
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)56.28
LBB11.09
UBB11.88
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 |
|---|---|---|---|
| 11.82 | 11.27 | 0.55 (4.65%) | 21.49% |
| An entry @11.82. This is a Buy Stop order right above the resistance zone. | An exit @11.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.55 points, which is 4.65%. | When investing 21.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:YOTA (2/19/2025, 8:00:02 PM)
11.53
+0.21 (+1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.86%
1 Week0.96%
2 Weeks2.31%
1 Month3.59%
3 Month3.04%
6 Month4.82%
12 Month7.86%
2 Year12.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.59%
ATR Inc15.41%
Range Today0
ADR(20)0.13
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.65
Mansfield-0.98
10 Day High12.4
10 Day Low11.28
20 Day High12.4
20 Day Low11.06
52 Week High15.49
52 Week Low10.35
CS1 End11.39
CR1 Start11.77
Volume & EV
DER(3)0%
DER(5)-7.96%
Volume200
Volume Incr-88.42%
Vol(5)360
Vol(50)2.88K