CYANOTECH CORP (CYAN)

US2324373016 - Common Stock

0.44  -0.01 (-2.96%)

After market: 0.4499 +0.01 (+2.25%)

Technical Rating and Analysis

0

Taking everything into account, CYAN scores 0 out of 10 in our technical rating. 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.
96% of all other stocks performed better in the past year than CYAN.
CYAN is part of the Personal Care Products industry. There are 37 other stocks in this industry, of which 72% are performing better than CYAN.
CYAN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
Weekly and Daily overview Charts
CYAN Weekly chart
CYAN Daily chart
Setup Rating and Analysis

1

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.

Support and Resistance Analysis

0.44

0.98

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Performance
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%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)16.32
LBB0.4
UBB0.92
CYAN Daily chart

CYANOTECH CORP

NASDAQ:CYAN (2/16/2024, 7:00:01 PM)

After market: 0.4499 +0.01 (+2.25%)

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
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%12.26%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume141.80K
Volume Incr611.22%
Vol(5)104.62K
Vol(50)24.21K