CYNGN INC (CYN) Stock Technical Analysis
NASDAQ:CYN - Nasdaq - US23257B3050 - Common Stock - Currency: USD
Taking everything into account, CYN scores 1 out of 10 in our technical rating. CYN 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CYN is a bad performer in the overall market: 100% of all stocks are doing better.
CYN is one of the lesser performing stocks in the Software industry. 91% of 281 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. CYN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month CYN has a been trading in the 3.66 - 5.43 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CYN has a poor technical rating and the quality of the setup is also 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
3.79
5.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.46 to 4.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.08 to 5.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
Mansfield-9.91
10 Day High5.43
10 Day Low4.12
20 Day High5.43
20 Day Low3.66
52 Week High2700
52 Week Low3.62
Performance
1 Week7.64%
2 Weeks12.42%
1 Month14.19%
3 Month-87.48%
6 Month-99.03%
12 Month-99.67%
2 Year-99.96%
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)0.64
RSI(14)39.48
LBB4.2
UBB5.12
5.07
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week7.64%
2 Weeks12.42%
1 Month14.19%
3 Month-87.48%
6 Month-99.03%
12 Month-99.67%
2 Year-99.96%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%8.21%
ATR Inc89.29%
Range Today0.61
ADR(20)0.39
ADR(20)%7.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
Mansfield-9.91
10 Day High5.43
10 Day Low4.12
20 Day High5.43
20 Day Low3.66
52 Week High2700
52 Week Low3.62
CS1 End4.58
CR1 Start5.08
Volume & EV
DER(3)-1.34%
DER(5)-6.32%
Volume97.80K
Volume Incr-12.7%
Vol(5)52.18K
Vol(50)159.34K