YELP INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	YELP
ISIN:

YELP INC. - Daily - Technical analysis published on 11/07/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

67%

28%

My opinion

Bearish under 32.53 USD

My targets

28.81 USD (-5.23%)

27.06 USD (-10.99%)

My analysis

YELP INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 32.53 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 28.81 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 27.06 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 14.87 USD. Beware of a possible return to above the resistance located at 32.53 USD which would be a sign of a correction of the short-term bearish excesses registered.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

4.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

YELP INC. rating 30.40 USD. The price registered an increase of +0.30% on the session with the lowest point at 29.73 USD and the highest point at 31.00 USD. The deviation from the price is +2.25% for the low point and -1.94% for the high point.

29.73

31.00

30.40

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this YELP INC. chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami cross

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	14.87	27.06	30.40	30.70	32.53	35.93
Change (%)	-51.09%	-10.99%	-	+0.99%	+7.01%	+18.19%
Change	-15.53	-3.34	-	+0.30	+2.13	+5.53
Level	Major	Major	-	Minor	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.94	26.18	28.25	31.49	33.56	36.80	38.87
Camarilla	28.85	29.34	29.82	30.31	30.80	31.28	31.77
Woodie	22.35	25.89	27.66	31.20	32.97	36.51	38.28
Fibonacci	26.18	28.21	29.47	31.49	33.52	34.78	36.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.94	23.18	26.75	32.99	36.56	42.80	46.37
Camarilla	27.61	28.51	29.41	30.31	31.21	32.11	33.01
Woodie	15.60	22.51	25.41	32.32	35.22	42.13	45.03
Fibonacci	23.18	26.93	29.25	32.99	36.74	39.06	42.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.81	31.07	34.74	37.00	40.67	42.93	46.60
Camarilla	36.78	37.32	37.87	38.41	38.95	39.50	40.04
Woodie	29.52	31.42	35.45	37.35	41.38	43.28	47.31
Fibonacci	31.07	33.34	34.74	37.00	39.27	40.67	42.93

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	26.78
MACD (12,26,9):	-0.3600
Directional Movement:	-31.16
AROON (14):	-50.00
DEMA (21):	35.68
Parabolic SAR (0,02-0,02-0,2):	38.53
Elder Ray (13):	-5.14
Super Trend (3,10):	35.34
Zig ZAG (10):	30.42
VORTEX (21):	0.8300
Stochastique (14,3,5):	16.24
TEMA (21):	34.84
Williams %R (14):	-90.18
Chande Momentum Oscillator (20):	-6.60
Repulse (5,40,3):	-13.7200
ROCnROLL:	2
TRIX (15,9):	0.2300
Courbe Coppock:	4.13

MA7:	35.67
MA20:	36.36
MA50:	35.20
MA100:	33.44
MAexp7:	34.38
MAexp20:	35.77
MAexp50:	35.27
MAexp100:	34.37
Price / MA7:	-14.77%
Price / MA20:	-16.39%
Price / MA50:	-13.64%
Price / MA100:	-9.09%
Price / MAexp7:	-11.58%
Price / MAexp20:	-15.01%
Price / MAexp50:	-13.81%
Price / MAexp100:	-11.55%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on YELP INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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