CYBIN INC (CYBN) Stock Technical Analysis
NYSEARCA:CYBN - NYSE Arca - CA23256X4075 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CYBN. In the past year, CYBN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CYBN is a bad performer in the overall market: 74% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CYBN is part of the Pharmaceuticals industry. There are 195 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 trading in the upper part of its 52 week range, so CYBN is lagging the market slightly.
In the last month CYBN has a been trading in the 6.86 - 9.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CYBN has an average technical rating and also the quality of the setup is only medium 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
7.62
10.75
When analyzing the support we notice one important area.
- A support zone ranging from 7.70 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.83 to 8.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.64 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CYBN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYBN is neutral. |
| ChartMill Relative Strength | 26.91 | NEGATIVE | CYBN has a low relative strength, it was outperformed by 73.09% 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) | UP | POSITIVE | The current price of CYBN is above the rising 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) | 49.72 | NEUTRAL | The RSI value for CYBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CYBN has a negative trend. |
| Stochastics (14,3) | 20.65 | NEUTRAL | The Stochastics value for CYBN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for CYBN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.68 | POSITIVE | The high ADX value value for CYBN suggests a strong 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)
7.9
+0.19 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.46%
1 Week-9.3%
2 Weeks-7.93%
1 Month12.7%
3 Month8.07%
6 Month-17.79%
12 Month-21.25%
2 Year-45%
3 Year-62.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%6.98%
ATR Inc14.54%
Range Today0.58
ADR(20)0.55
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.91
Mansfield-1.65
10 Day High9.2
10 Day Low7.5
20 Day High9.2
20 Day Low6.86
52 Week High13.88
52 Week Low4.81
CS1 End7.89
CR1 Start8.83
Volume & EV
DER(3)0.43%
DER(5)-4.16%
Volume213.30K
Volume Incr-25.26%
Vol(5)285.06K
Vol(50)311.97K