We assign a technical rating of 0 out of 10 to CYAN. CYAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
0.44
2 important resistance areas can be observed.
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%)
ChartMill assigns a technical rating of 0 / 10 to CYAN.
The current trend direction for CYANOTECH CORP (CYAN) is Bearish.
CYANOTECH CORP (CYAN) has an RSI value of 16.3248. This indicates that the stock is currently oversold.
The MACD indicator for CYANOTECH CORP (CYAN) has a value of -0.0333561, indicating a bearish trend.
The buy/sell signal for CYANOTECH CORP (CYAN) is sell as both the short term and long term trends are negative.