The Hourly View for YSG
At the time of this writing, YSG (Get Ratings)’s price is down $-0.01 (-0.1%) from the hour prior. This is the 2nd hour in a row YSG has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. 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.
YSG ranks 30th in terms of today’s price percentage change out of Consumer Goods stocks.
YSG’s Technical Outlook on the Daily Chart
At the moment, YSG’s price is up $0.02 (0.2%) from the day prior. The daily chart shows that YSG has seen 3 straight up days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows YSG’s price action over the past 90 days.
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The post Yatsen Holding Ltd (YSG): Price Now Near $9.93; Daily Chart Shows Downtrend on 20 Day Basis appeared first on ETF Daily News.
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