Yatra Online Inc Stock Analysis
Technical stock analysis for 18 January 2019
Yatra Online Inc fell by -1.02% in the last day from $4.88 to $4.83 and has now fallen 3 days in a row. The price has risen in 6 of the last 10 days and is up by 11.55% over the past 2 weeks. Volume has increased in the last day by 43 427 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 147 362 shares bought and sold for approximately $711 758.00.
Close price at the end of the last trading day (Friday, 18th Jan 2019) of the YTRA stock was $4.83. This is 1.02% less than the trading day before Thursday, 17th Jan 2019.
During day the stock fluctuated 1.90% from a day low at $4.80 to a day high of $4.89.
30 day high of the YTRA stock price was $5.24 and low was $3.70.
90 day high was $5.49 and low was $3.70.
52 week high for the Yatra Online Inc - $8.19 and low - $3.70.
Yatra Online Inc lies in the middle of a very 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 -7.08% during the next 3 months and, with 90% probability hold a price between $3.52 and $4.77 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Monday January 14, 2019, which indicates further falls until a new bottom pivot has been found. Yatra Online Inc gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's". Yatra Online Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $4.98. On a fall, the stock will find some support from the long-term average at approximately $4.54. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.
Relative Strength Index (RSI)
The stock holds a RSI14 at 74 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $4.04 and $3.94.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Yatra Online Inc finds support just below today's level at $4.04. If this is broken, then the next support from accumulated volume will be at $3.94 and $3.90.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.09 between high and low, or 1.90%. For the last week, the stock has had a daily average volatility of 3.11%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Yatra Online Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|YTRA $4.83 $-0.05(-1.02%)|
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