Upgrade your membership to see all of the expert analysis we have published on YNDX now!
Best Ever Close With Gain on Light Volume - Tuesday, December 31, 2013
Yandex (YNDX +$0.98 or +2.32% to $43.15) rose further above the previously cited pivot point and finished at a best-ever close with light volume behind its latest gains. No resistance remains due to overhead supply. It found prompt support near its 50-day moving average (DMA) line recently. It was last shown in this FSU section with annotated graphs on 11/27/13 under the headline, "Forming New Base Pattern With Little Resistance Remaining". The new pivot point cited was based on its 10/22/13 high plus 10 cents. At least +40% above average volume should be behind gains above the pivot point to trigger a proper new technical buy signal. Confirming volume-driven gains before its gets more than +5% above pivot point could allow disciplined investors to accumulate shares under the fact-based investment system.Prior lows in the $35-36 area define the next important chart support levels to watch below its 50 DMA line where any subsequent violations would raise concerns and trigger more worrisome technical sell signals. The company has shown strong quarterly sales revenues and earnings increases, including +38% earnings on +35% sales revenues for the Sep '13 quarter versus the year ago period. It has earned high ranks including a 98 Earnings Per Share(EPS) rating, and it has maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 572 in Sep '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
Forming New Base Pattern With Little Resistance Remaining - Wednesday, November 27, 2013
Yandex (YNDX -$0.28 or -0.70% to $39.61) recently rebounded back above its 50-day moving average (DMA) line helping its technical stance improve. A new pivot point is cited based on its 10/22/13 high plus 10 cents. Little resistance remains due to overhead supply. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Prior lows ($35.59 on 11/08/13 and $34.31 on 10/08/13) define the next important chart support levels to watch where any subsequent violations would raise concerns and trigger more worrisome technical sell signals. YNDX dipped below its 50 DMA line during its consolidation yet showed resilience since last shown in this FSU section on 10/28/13 with an annotated daily graph under the headline, "Consolidating After Getting Extended From Sound Base".The company has shown strong quarterly sales revenues and earnings increases, including +38% earnings on +35% sales revenues for the Sep '13 quarter versus the year ago period. It has earned high ranks including a 98 Earnings Per Share(EPS) rating, and it has maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 547 in Sep '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
Consolidating After Getting Extended From Sound Base - Monday, October 28, 2013
Yandex (YNDX -$0.03 or -0.08% to $38.16) held its ground today while trading lighter, near-average volume. Volume was higher while retreating abruptly from new 52-week highs hit last week, a sign of distributional pressure. Its 50-day moving average (DMA) line defines important near-term support to watch along with recent lows where any subsequent violations would raise concerns and trigger technical sell signals.
The company has shown strong quarterly sales revenues and earnings increases, including +38% earnings on +35% sales revenues for the Sep '13 quarter versus the year ago period. It has earned high ranks including the highest possible 99 Earnings Per Share(EPS) rating, and it has maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 527 in Sep '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system. YNDX has managed to make a choppy ascent since last shown in this FSU section on 9/18/13 with an annotated daily graph under the headline, "Gains Lacked Volume Conviction While Hitting New Highs". It is extended from its prior base, and the annotated weekly graph points out the distributional action in recent weeks as volume was above average on its pullbacks.
Gains Lacked Volume Conviction While Hitting New Highs - Wednesday, September 18, 2013
Yandex (YNDX +$1.03 or +2.93% to $36.22) rose to a new 52-week high without great volume conviction its gain. As recently noted - "A valid secondary buy point exists up to +5% above its prior high." It found support at its 50-day moving average (DMA) line, important near-term support to watch, then rallied higher since last shown in this FSU section on 8/20/13 with an annotated graph under the headline, "Consolidating Well Above Support Areas".The company has shown strong quarterly sales revenues and earnings increases through Jun '13 versus the year ago periods. It has earned high ranks and maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 476 in Jun '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
Consolidating Well Above Support Areas - Tuesday, August 20, 2013
Yandex (YNDX +$0.39 or +1.20% to $32.77) is consolidating just -5.8% off its 52-week high hit last week. It is well above its 50-day moving average (DMA) line and above prior highs in the $29 area defining important near-term support to watch. It last appeared in the FSU section on 7/26/13 with an annotated graph under the headline, "Powering to New High Territory With Volume Driven Gains". It is extended from its previous base. Disciplined investors do not chase stocks more than +5% above their pivot point. Doing so increases the chance that an ordinary pullback may trigger the strict sell rules which limit losses when any stock falls more than -7% from their purchase price.The company has shown strong quarterly sales revenues and earnings increases through Jun '13 versus the year ago periods. It has earned high ranks and maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 431 in Jun '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
Powering to New High Territory With Volume Driven Gains - Friday, July 26, 2013
Yandex (YNDX +$1.61 or +5.06% to $33.42) spiked to another new 52-week high with a 2nd consecutive volume-driven gain, getting more extended from its previous base. Disciplined investors do not chase stocks more than +5% above their pivot point. Doing so increases the chance that an ordinary pullback may trigger the strict sell rules which limit losses when any stock falls more than -7% from their purchase price.
YNDX was highlighted in yellow with pivot point ($29.58) cited based on its 5/20/13 high plus 10 cents and an annotated weekly graph was included in the 7/10/13 mid-day report (read here) and it appeared in the FSU section that evening with an annotated graph under the headline, "Finished Near Pivot Point With Solid Volume-Driven Gain". Then it gapped up and rallied above the $30 threshold the next day with another volume-driven gain clinching a proper technical buy signal. When consolidating it found support above prior highs in the $28-29 area which defined initial support to watch.
The company has shown strong quarterly sales revenues and earnings increases through Jun '13 versus the year ago periods. It has earned high ranks and maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 431 in Jun '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
Finished Near Pivot Point With Solid Volume-Driven Gain - Wednesday, July 10, 2013
Yandex (YNDX +$1.15 or +4.06% to $29.49) was highlighted in yellow with pivot point ($29.58) cited based on its 5/20/13 high plus 10 cents and an annotated weekly graph was included in the earlier mid-day report (read here). The daily chart below shows that it hit a new 52-week high but finished just shy of the pivot point identified while today's 4th consecutive gain with ever-increasing volume was backed by +135% above average volume. Additional volume-driven gains and a strong finish above the pivot point may help it clinch a proper technical buy signal.YNDX has shown strong quarterly sales revenues and earnings increases through Mar '13 versus the year ago periods. It has earned high ranks and maintained a strong quarterly and annual earnings history (C and A criteria). The number of top-rated funds owning its shares rose from 276 in Sep '12 to 403 in Jun '13, a reassuring sign concerning the I criteria. The Internet - Content group has recently shown leadership and it currently has the highest possible A+ Group Relative Strength Rating, a reassuring sign concerning the L criteria of the fact-based investment system.
