CYCLERION THERAPEUTICS INC (CYCN) Technical Analysis
NASDAQ:CYCN • US23255M2044
Current stock price
CYCN Technical Rating and Analysis
Overall CYCN gets a technical rating of 2 out of 10. CYCN'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 79% of all other stocks performed better in the past year than CYCN.
- CYCN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CYCN is lagging the market.
- CYCN is an average performer in the Biotechnology industry, it outperforms 42% of 519 stocks in the same industry.
- In the last month CYCN has a been trading in the 1.28 - 1.68 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.
CYCN Weekly and Daily overview Charts
CYCN Setup Rating and Analysis
Although the technical rating is bad, CYCN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.59. Right above this resistance zone may be a good entry point. 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
CYCN Support and Resistance Analysis
1.28
2 important support areas can be observed.
- A support zone ranging from 1.47 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.29 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.65 from a horizontal line in the daily time frame.
- Resistance @2.68 from a trend line in the weekly time frame.
- Resistance @3.60 from a horizontal line in the weekly time frame.
CYCN 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 | 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 | 21.3 | NEGATIVE | CYCN has a low relative strength, it was outperformed by 78.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYCN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CYCN is above 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) | 53.84 | NEUTRAL | The RSI value for CYCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CYCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.04 | NEUTRAL | The Stochastics value for CYCN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for CYCN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for CYCN suggests a strong trend. |
CYCN Chart- and CandleStick Pattern Analysis
CYCN Technicals: Chart, Performance Metrics, Trend & Indicators
1.505
-0.05 (-2.9%)
CYCLERION THERAPEUTICS INC / CYCN TA FAQ
What is the ChartMill technical rating of CYCLERION THERAPEUTICS INC (CYCN) stock?
ChartMill assigns a technical rating of 2 / 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 53.8358. 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 0.00611229, indicating a bearish trend.