CYBIN INC (CYBN) Stock Technical Analysis
NYSEARCA:CYBN - NYSE Arca - CA23256X4075 - Common Stock - Currency: USD
Taking everything into account, CYBN scores 2 out of 10 in our technical rating. CYBN'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than CYBN.
CYBN 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.
In the last month CYBN has a been trading in the 7.22 - 8.84 range, which is quite wide. It is currently trading near the lows of this range.
CYBN is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, CYBN did better than 45% of them.
Although the technical rating is bad, CYBN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.58, a Stop Loss order could be placed below this zone.
More info and screens
7.18
8.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.44 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.25 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.96 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.33 to 8.47. 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 CYBN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYBN is down. |
| ChartMill Relative Strength | 24.18 | NEGATIVE | CYBN has a low relative strength, it was outperformed by 75.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CYBN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYBN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYBN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.12 | NEUTRAL | The RSI value for CYBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CYBN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.12 | NEUTRAL | The Stochastics value for CYBN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for CYBN suggests high volalility. |
| Average Directional Index/ADX (14) | 10.35 | NEGATIVE | The low ADX value for CYBN 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)
7.63
+0.37 (+5.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5.1%
1 Week0.79%
2 Weeks0.79%
1 Month2.28%
3 Month13.54%
6 Month-19.94%
12 Month-23.94%
2 Year-35.33%
3 Year-81.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%5.43%
ATR Inc12.05%
Range Today0.46
ADR(20)0.41
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.18
Mansfield-1.95
10 Day High7.81
10 Day Low7.22
20 Day High8.84
20 Day Low7.22
52 Week High13.88
52 Week Low4.81
CS1 End7.58
CR1 Start7.96
Volume & EV
DER(3)-2.24%
DER(5)-1.77%
Volume324.40K
Volume Incr-34.73%
Vol(5)262.24K
Vol(50)376.43K