We assign a technical rating of 0 out of 10 to CYAN. CYAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CYAN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.44
When analyzing the resistance we notice 2 important areas.
- Resistance @0.93 from a horizontal line in the daily time frame.
- Resistance @0.97 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CYAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYAN is down. |
| ChartMill Relative Strength | 4.11 | NEGATIVE | CYAN has a low relative strength, it was outperformed by 95.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.32 | OVERSOLD | The low RSI value suggests CYAN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CYAN has a negative trend. |
| Stochastics (14,3) | 4.67 | OVERSOLD | The low Stochastics value suggests CYAN may be oversold. |
| Average True Range in percent/ATR (20) | 12.26 | HIGH VOLATILITY | The high ATR as a percentage value for CYAN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.22 | POSITIVE | The high ADX value value for CYAN suggests a strong trend. |
0.44
-0.01 (-2.96%)
CYANOTECH CORP / CYAN FAQ
Can you provide the ChartMill technical rating for CYANOTECH CORP?
ChartMill assigns a technical rating of 0 / 10 to CYAN.
What is the trend direction for CYAN stock?
The current trend direction for CYANOTECH CORP (CYAN) is Bearish.
Can you provide the RSI signal for CYANOTECH CORP?
CYANOTECH CORP (CYAN) has an RSI value of 16.3248. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CYANOTECH CORP?
The MACD indicator for CYANOTECH CORP (CYAN) has a value of -0.0333561, indicating a bearish trend.
What are the support and resistance levels for CYANOTECH CORP (CYAN) stock?
CYANOTECH CORP (CYAN) has a resistance level at 0.93. Check the full technical report for our detailed analysis of CYAN support and resistance levels.