RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of YALA
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Yalla Group Ltd stock price ended at $4.77 on Wednesday, after gaining 0.421%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 14, 2024 Loss -0.63% PDF

The Yalla Group Ltd stock price gained 0.421% on the last trading day (Wednesday, 27th Mar 2024), rising from $4.75 to $4.77. During the last trading day the stock fluctuated 1.90% from a day low at $4.73 to a day high of $4.82. The price has fallen in 5 of the last 10 days and is down by -8.45% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 123 thousand shares were bought and sold for approximately $587.61 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.45% during the next 3 months and, with a 90% probability hold a price between $3.53 and $4.40 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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YALA Signals & Forecast

Yalla Group Ltd has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Yalla Group Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.77 and $4.97. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -11.99%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Yalla Group Ltd stock

Yalla Group Ltd finds support from accumulated volume at $4.76 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0900 between high and low, or 1.90%. For the last week, the stock has had daily average volatility of 1.47%.

Yalla Group Ltd is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (YALA) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Yalla Group Ltd to open at $4.77, and during the day (based on 14 day Average True Range), to move between $4.63 and $4.91, which gives a possible trading interval of +/-$0.136 (+/-2.85%) up or down from last closing price. If Yalla Group Ltd takes out the full calculated possible swing range there will be an estimated 5.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.76 (0.21%) than the resistance at $4.78 (0.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Yalla Group Ltd stock A Buy?

Yalla Group Ltd holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.508 Sell Candidate Unchanged

Predicted Opening Price for Yalla Group Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$4.77 ( 0.0699%) $4.77

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for YALA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.86 1.96 %
R2 4.83 1.24 %
R1 4.81 0.791 %
Current price: 4.77
Support S1 4.74 -0.651 %
S2 4.72 -1.10 %
S3 4.68 -1.82 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.28 10.69 %
R2 4.80 0.629 %
R1 4.78 0.210 %
Current price 4.77
Support S1 4.76 -0.210%
S2 4.72 -1.05%
S3 4.71 -1.26%

FAQ

What is the symbol for Yalla Group Ltd Stock and on which exchange is it traded?
The symbol for Yalla Group Ltd is YALA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Yalla Group Ltd Stock?
Yalla Group Ltd holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Yalla Group Ltd Stock?
Yalla Group Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Yalla Group Ltd Stock.

What's the current price of Yalla Group Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Yalla Group Ltd (YALA) share was $4.77.

What is the 52-week high and low for Yalla Group Ltd Stock?
The 52-week high for Yalla Group Ltd Stock is $6.44 and the 52-week low is $3.41.

What is the market capitalization of Yalla Group Ltd Stock?
As of the 2024-03-27, the market capitalization of Yalla Group Ltd is 740.948M.

When is the next earnings date for Yalla Group Ltd?
The upcoming earnings date for Yalla Group Ltd is May 13, 2024.
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About Yalla Group Ltd

Yalla Group Limited operates a voice-centric social networking and entertainment platform under the Yalla name primarily in the Middle East and North Africa region. Its platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services. The company was formerly known as FYXTech Corporation. Yalla Group Limited was founded in 2016 and is headquartered in Dubai, the United Arab Emirates.... YALA Profile

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