Yandex NV (YNDX): Price Now Near $67.72; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for YNDX

At the moment, YNDX (Get Ratings)’s price is up $0.15 (0.22%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

YNDX ranks 175th in terms of today’s price percentage change out of Business Services stocks.

YNDX’s Technical Outlook on the Daily Chart

At the moment, YNDX’s price is up $0.19 (0.28%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Yandex NV’s price action over the past 90 days can be seen via the chart below.

YNDX

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