Yahoo! Inc


For today's chart we've chosen to take a look at Yahoo! Inc. (Nasdaq:YHOO) because it is nearing the resistance of its 200-day moving average. As you can see from the chart below, today's doji candle is suggesting that bulls are losing their conviction and that the stock is starting to face some resistance ($27.50). We've also added the Relative Strength Index because it is entering into overbought territory. The RSI value of 70.43 may use by traders to suggest that now is be a good time to take some profit off the table.

You May Also Like

Related Analysis
  1. Stock Analysis

    U.S. Steel's (X) Q4 Earnings Top Estimates, Profit Slips - Analyst Blog

  2. Stock Analysis

    Stryker Lags Q4 Earnings, Revenue Estimates - Analyst Blog

  3. Stock Analysis

    Yahoo Q4 Earnings Tops, Shares Up on Alibaba Spin-Off Plans - Analyst Blog

  4. Stock Analysis

    Yahoo to Spin Off Remaining Alibaba Stake, Shares Surge - Analyst Blog

  5. Stock Analysis

    Starbucks Hits New 52-Week High on Solid Holiday Quarter - Analyst Blog

Trading Center