CYANOTECH CORP (CYAN) Stock Technical Analysis
NASDAQ:CYAN - Nasdaq - US2324373016 - Common Stock - Currency: USD
Overall CYAN gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CYAN is a bad performer in the overall market: 96% of all stocks are doing better.
CYAN is one of the lesser performing stocks in the Personal Care Products industry. 85% of 35 stocks in the same industry do better.
CYAN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CYAN is lagging the market.
In the last month CYAN has a been trading in the 0.40 - 0.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: CYAN has an average volume of 24212 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
0.98
We can see 2 important resistance 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. |
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)
0.44
-0.01 (-2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-2.96%
1 Week-22.94%
2 Weeks-42.86%
1 Month-51.74%
3 Month-39.07%
6 Month-48.59%
12 Month-66.67%
2 Year-83.88%
3 Year-88.42%
5 Year-89.05%
10 Year-92.67%
15 Year-77.44%
Volatility
ATR(14)0.06
ATR(20)%12.26%
ATR Inc148.63%
Range Today0.1
ADR(20)0.04
ADR(20)%10.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.11
Mansfield-5.67
10 Day High0.77
10 Day Low0.4
20 Day High0.94
20 Day Low0.4
52 Week High1.35
52 Week Low0.4
CS1 EndN/A
CR1 Start0.93
Volume & EV
DER(3)-17.62%
DER(5)-11.91%
Volume141.80K
Volume Incr611.22%
Vol(5)104.62K
Vol(50)24.21K