CYNGN INC (CYN)

US23257B1070 - Common Stock

6.38  +0.16 (+2.57%)

After market: 6.38 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CYN. 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.
When comparing the yearly performance of all stocks, CYN is a bad performer in the overall market: 99% of all stocks are doing better.
CYN is part of the Software industry. There are 284 other stocks in this industry, of which 87% are performing better than CYN.
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.
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.
CYN has an average volume of 27821000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CYN has a been trading in the 3.52 - 10.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CYN Weekly chart
CYN Daily chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

5.78

7.91

When analyzing the support we notice one important area.

  • A support zone ranging from 5.84 to 5.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @7.32 from a trend line in the daily time frame.
  • Resistance @7.83 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.68
Mansfield-7.74
10 Day High10.67
10 Day Low5.67
20 Day High10.67
20 Day Low3.52
52 Week High85.45
52 Week Low3.52
Performance
1 Week9.06%
2 Weeks6.87%
1 Month-17.14%
3 Month-41.89%
6 Month-76.02%
12 Month-92.29%
2 Year-94.2%
3 YearN/A
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)0.17
RSI(14)47.63
LBB3.76
UBB8.86
CYN Daily chart

CYNGN INC

NASDAQ:CYN (7/26/2024, 7:24:20 PM)

After market: 6.38 0 (0%)

6.38

+0.16 (+2.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.57%
1 Week9.06%
2 Weeks6.87%
1 Month-17.14%
3 Month-41.89%
6 Month-76.02%
12 Month-92.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.42
ATR(20)%20.61%
ATR Inc
Range Today0.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.67
10 Day Low5.67
20 Day High10.67
20 Day Low3.52
52 Week High85.45
52 Week Low3.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume82.40K
Volume Incr-97.52%
Vol(5)295.72K
Vol(50)27.82M