CYNGN INC (CYN) Stock Technical Analysis
NASDAQ:CYN - Nasdaq - US23257B3050 - Common Stock - Currency: USD
Overall CYN gets a technical rating of 1 out of 10. CYN'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.
100% of all other stocks performed better in the past year than CYN.
CYN is one of the lesser performing stocks in the Software industry. 90% of 284 stocks in the same industry do better.
CYN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CYN is lagging the market.
In the last month CYN has a been trading in the 3.80 - 5.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CYN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.12, a Stop Loss order could be placed below this zone.
More info and screens
3.79
5.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.12 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.83 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @5.08 from a horizontal line in the weekly time frame.
- Resistance @5.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.72
Mansfield-9.91
10 Day High5.49
10 Day Low3.8
20 Day High5.49
20 Day Low3.8
52 Week High2400
52 Week Low3.62
Performance
1 Week-10.38%
2 Weeks6.26%
1 Month10.21%
3 Month-65.73%
6 Month-99.46%
12 Month-99.73%
2 Year-99.97%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)40.79
LBB4.07
UBB5.49
4.75
+0.05 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.06%
1 Week-10.38%
2 Weeks6.26%
1 Month10.21%
3 Month-65.73%
6 Month-99.46%
12 Month-99.73%
2 Year-99.97%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%8.84%
ATR Inc-11.44%
Range Today0.2
ADR(20)0.37
ADR(20)%7.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.72
Mansfield-9.91
10 Day High5.49
10 Day Low3.8
20 Day High5.49
20 Day Low3.8
52 Week High2400
52 Week Low3.62
CS1 End4.12
CR1 Start5.08
Volume & EV
DER(3)-0.3%
DER(5)-1.03%
Volume54.90K
Volume Incr102.4%
Vol(5)86.78K
Vol(50)97.35K