CYBEROPTICS CORP (CYBE) Technical Analysis
NASDAQ:CYBE • US2325171021
Current stock price
CYBE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CYBE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CYBE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- CYBE is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. CYBE outperforms 81% of them.
- CYBE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CYBE is leading the market.
- Looking at the yearly performance, CYBE did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month CYBE has a been trading in a tight range between 53.65 and 54.12.
CYBE Weekly and Daily overview Charts
CYBE Setup Rating and Analysis
Besides having an excellent technical rating, CYBE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 53.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CYBE Support and Resistance Analysis
33.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.22 to 53.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.01 to 54.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
CYBE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CYBE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CYBE is up. |
| ChartMill Relative Strength | 96.25 | POSITIVE | CYBE has a high relative strength, it outperformed 96.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYBE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYBE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYBE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.81 | OVERBOUGHT | The high RSI value suggests CYBE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CYBE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.04 | NEUTRAL | The Stochastics value for CYBE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for CYBE suggests low volalility. |
| Average Directional Index/ADX (14) | 60.07 | POSITIVE | The high ADX value value for CYBE suggests a strong trend. |
CYBE Chart- and CandleStick Pattern Analysis
CYBE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.02 | 53.84 | 0.18 (0.33%) | 25.00% |
| An entry @54.02. This is a Buy Stop order right above the resistance zone. | An exit @53.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.18 points, which is 0.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CYBE Technicals: Chart, Performance Metrics, Trend & Indicators
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CYBEROPTICS CORP / CYBE TA FAQ
Can you provide the ChartMill technical rating for CYBEROPTICS CORP?
ChartMill assigns a technical rating of 7 / 10 to CYBE.
Can you provide the trend direction for CYBEROPTICS CORP?
The current trend direction for CYBEROPTICS CORP (CYBE) is Bullish.
What is the RSI signal for CYBEROPTICS CORP (CYBE) stock?
CYBEROPTICS CORP (CYBE) has an RSI value of 74.8136. This indicates that the stock is currently overbought.
What is the buy/sell signal for CYBE stock?
The buy/sell signal for CYBEROPTICS CORP (CYBE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CYBE stock?
CYBEROPTICS CORP (CYBE) has a support level at 53.94 and a resistance level at 54.01. Check the full technical report for our detailed analysis of CYBE support and resistance levels.