CYMABAY THERAPEUTICS INC (CBAY) Stock Technical Analysis
NASDAQ:CBAY - Nasdaq - US23257D1037 - Common Stock - Currency: USD
Overall CBAY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CBAY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CBAY is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, CBAY also shows a nice and consistent pattern of rising prices.
CBAY is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 98% of 193 stocks in the same industry.
A new 52 week high is currently being made by CBAY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
CBAY has an average volume of 4451270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CBAY has a been trading in a tight range between 32.16 and 32.50.
CBAY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.42
32.81
3 important support areas can be observed.
- A support zone ranging from 32.17 to 32.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.27 to 28.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.49 to 32.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBAY is up. |
| ChartMill Relative Strength | 98.73 | POSITIVE | CBAY has a high relative strength, it outperformed 98.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.99 | OVERBOUGHT | The high RSI value suggests CBAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CBAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.02 | OVERBOUGHT | The high Stochastics value suggests CBAY may be overbought. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for CBAY suggests low volalility. |
| Average Directional Index/ADX (14) | 69.22 | POSITIVE | The high ADX value value for CBAY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.50 | 32.27 | 0.23 (0.71%) | 25.00% |
| An entry @32.50. This is a Buy Stop order right above the resistance zone. | An exit @32.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.18%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.48
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.03%
1 Week0.03%
2 Weeks0.56%
1 Month0.96%
3 Month40.67%
6 Month120.8%
12 Month283.47%
2 Year944.37%
3 Year615.42%
5 Year144.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.22%
ATR Inc-65.17%
Range Today0.02
ADR(20)0.06
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.73
Mansfield7.27
10 Day High32.5
10 Day Low32.28
20 Day High32.5
20 Day Low32.16
52 Week High32.5
52 Week Low7.26
CS1 End32.44
CR1 Start32.49
Volume & EV
DER(3)-2.83%
DER(5)-3.87%
Volume8.36M
Volume Incr8.19%
Vol(5)3.71M
Vol(50)4.45M