CYCLERION THERAPEUTICS INC (CYCN) Stock Technical Analysis
NASDAQ:CYCN • US23255M2044
Overall CYCN gets a technical rating of 0 out of 10. CYCN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 92% of all other stocks performed better in the past year than CYCN.
- CYCN is one of the lesser performing stocks in the Biotechnology industry. 75% of 520 stocks in the same industry do better.
- CYCN 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.
- CYCN has an average volume of 1832460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CYCN has a been trading in the 1.03 - 1.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CYCN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.36. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CYCN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.36 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.59 from a trend 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 | DOWN | NEGATIVE | The long term trend for CYCN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYCN is neutral. |
| ChartMill Relative Strength | 8.3 | NEGATIVE | CYCN has a low relative strength, it was outperformed by 91.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CYCN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYCN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.63 | NEUTRAL | The RSI value for CYCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CYCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.8 | NEUTRAL | The Stochastics value for CYCN is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for CYCN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for CYCN suggests a weak or negative trend. |
1.3
-0.05 (-3.7%)
CYCLERION THERAPEUTICS INC / CYCN FAQ
What is the ChartMill technical rating of CYCLERION THERAPEUTICS INC (CYCN) stock?
ChartMill assigns a technical rating of 0 / 10 to CYCN.
Can you provide the trend direction for CYCLERION THERAPEUTICS INC?
The current trend direction for CYCLERION THERAPEUTICS INC (CYCN) is Bearish.
What is the RSI signal for CYCLERION THERAPEUTICS INC (CYCN) stock?
CYCLERION THERAPEUTICS INC (CYCN) has an RSI value of 47.6336. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CYCLERION THERAPEUTICS INC?
The MACD indicator for CYCLERION THERAPEUTICS INC (CYCN) has a value of 0.0163927, indicating a bearish trend.