The Hourly View for YNDX
At the time of this writing, YNDX (Get Ratings)’s price is down $-0.04 (-0.06%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as YNDX has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Out of Business Services stocks, YNDX ranks 291st in regards to today’s price percentage change.
YNDX’s Technical Outlook on the Daily Chart
Currently, YNDX’s price is down $-0.66 (-0.96%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as YNDX has now gone down 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows YNDX’s price action over the past 90 days.
YNDX: Daily RSI Analysis
For YNDX News Traders
Investors and traders in YNDX may be particularly interested in the following story that came out in the past day:
Yandex (YNDX) second-quarter results benefit from growing online advertising revenues, and strength across Search, Taxi, Classifieds and Media Services segments.
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