WisdomTree Chinese Yuan Strategy Fund (CYB) Stock Technical Analysis
NYSEARCA:CYB - US97717W1826 - ETF
24.2674 USD
-0.07 (-0.28%)
We assign a technical rating of 2 out of 10 to CYB. CYB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CYB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CYB has an average volume of 3656 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that CYB is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month CYB has a been trading in a tight range between 24.05 and 24.46.
Although the technical rating is bad, CYB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.19, a Stop Loss order could be placed below this zone.
More info and screens
23.52
26.16
We found 1 important support area.
- A support zone ranging from 23.76 to 24.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.30 to 24.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @25.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.90 to 25.90. 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 | DOWN | NEGATIVE | The long term trend for CYB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYB is neutral. |
| ChartMill Relative Strength | 74.32 | POSITIVE | CYB has a high relative strength, it outperformed 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CYB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CYB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for CYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CYB has a negative trend. |
| Stochastics (14,3) | 43.69 | NEUTRAL | The Stochastics value for CYB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for CYB suggests low volalility. |
| Average Directional Index/ADX (14) | 12.11 | NEGATIVE | The low ADX value for CYB suggests a weak or negative 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)
WisdomTree Chinese Yuan Strategy Fund
NYSEARCA:CYB (10/20/2023, 8:04:00 PM)
24.2674
-0.07 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-0.48%
2 Weeks-0.18%
1 Month0.4%
3 Month-0.61%
6 Month-3.88%
12 Month-0.03%
2 Year-13.95%
3 Year-9.08%
5 Year-3.36%
10 Year-8.08%
15 Year-3.39%
Volatility
ATR(14)0.1
ATR(20)%0.47%
ATR Inc219.52%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.32
Mansfield-0.35
10 Day High24.45
10 Day Low24.06
20 Day High24.46
20 Day Low24.06
52 Week High25.92
52 Week Low23.61
CS1 End24.19
CR1 Start24.3
Volume & EV
DER(3)-1.8%
DER(5)-1.08%
Volume5.30K
Volume Incr11.14%
Vol(5)3.74K
Vol(50)3.66K