Locafy's 15min chart signals Bollinger Bands narrowing, bearish marubozu formation.

According to Locafy's 15-minute chart, a notable technical indicator known as Bollinger Bands Narrowing has occurred, along with a bearish Marubozu at 10/20/2025 12:00. This suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Furthermore, this bearish momentum is likely to persist.

Youxin Technology Ltd (YAAS), a leading provider of cloud-based SaaS and PaaS solutions for retail enterprises, has regained compliance with Nasdaq listing requirements. On October 17, 2025, Nasdaq confirmed that the company has met the minimum bid price requirement under Listing Rule 5550(a)(2), according to StockTitan. This development comes after a series of regulatory challenges faced by the company.

The company's stock price has been volatile, with significant fluctuations in recent months. According to Locafy's 15-minute chart, a notable technical indicator known as Bollinger Bands Narrowing occurred on October 20, 2025, at 12:00. This indicator suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Additionally, the appearance of a bearish Marubozu on the same date further supports this bearish momentum .

In response to these challenges, Youxin Technology has implemented several strategic measures. On September 30, 2025, the company announced a 1-for-80 share consolidation, which aims to reduce the number of outstanding Class A shares from approximately 171.3 million to 2.1 million. This move is part of the company's efforts to regain compliance with Nasdaq's requirements .

Despite these regulatory setbacks, Youxin Technology has continued to innovate and expand its market reach. The company has recently entered into a definitive agreement to acquire Celnet Technology Co., Ltd., a leading Salesforce.com partner in China. This acquisition aims to enhance the company's enterprise SaaS capabilities and accelerate growth in CRM services .

The company's financial performance has been mixed. In the first half of fiscal year 2025, revenue increased by 21% year-over-year, primarily driven by the resumption of customized CRM system development services. However, the company experienced margin pressure and a widening net loss compared to the previous year .

Youxin Technology's stock price has been volatile, with significant fluctuations in recent months. The current stock price is $2.61 as of October 18, 2025, and the market cap is approximately 5.6 million .