Taking everything into account, CYBN scores 8 out of 10 in our technical rating. Although CYBN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CYBN has a been trading in the 5.61 - 9.12 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CYBN turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- CYBN is part of the Pharmaceuticals industry. There are 190 other stocks in this industry, CYBN did better than 56% of them.
- CYBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CYBN is lagging the market.
Although CYBN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.52
2 important support areas can be observed.
- Support @5.69 from a horizontal line in the weekly time frame.
- Support @5.58 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.35 from a horizontal line in the weekly time frame.
- Resistance @8.96 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 | UP | POSITIVE | The long term trend for CYBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CYBN is up. |
| ChartMill Relative Strength | 58.99 | NEUTRAL | CYBN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYBN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYBN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.15 | NEUTRAL | The RSI value for CYBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CYBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.65 | NEUTRAL | The Stochastics value for CYBN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for CYBN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.15 | POSITIVE | The high ADX value value for CYBN suggests a strong trend. |
8.28
+0.1 (+1.22%)
CYBIN INC / CYBN FAQ
Can you provide the ChartMill technical rating for CYBIN INC?
ChartMill assigns a technical rating of 8 / 10 to CYBN.
What is the trend direction for CYBN stock?
The current trend direction for CYBIN INC (CYBN) is Bullish.
Can you provide the RSI signal for CYBIN INC?
CYBIN INC (CYBN) has an RSI value of 69.1515. This indicates that the stock is currently neutral.
What is the MACD signal for CYBN stock?
The MACD indicator for CYBIN INC (CYBN) has a value of 0.151686, indicating a bearish trend.
What is the short term momentum for CYBN stock?
The short term momentum for CYBIN INC (CYBN) is positive.