Overall CYN gets a technical rating of 0 out of 10. 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 technical rating of CYN is bad and it also does not present a quality setup 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
2.61
We can see 2 important resistance areas.
- A resistance zone ranging from 2.87 to 2.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.00 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 CYN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYN is down. |
| ChartMill Relative Strength | 1.64 | NEGATIVE | CYN has a low relative strength, it was outperformed by 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.79 | NEUTRAL | The RSI value for CYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CYN has a positive trend. |
| Stochastics (14,3) | 32.17 | NEUTRAL | The Stochastics value for CYN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.68 | HIGH VOLATILITY | The high ATR as a percentage value for CYN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for CYN suggests a possible start of a new trend. |
2.64
+0.08 (+3.13%)
CYNGN INC / CYN FAQ
What is the ChartMill technical rating of CYNGN INC (CYN) stock?
ChartMill assigns a technical rating of 0 / 10 to CYN.
What is the current trend direction of CYNGN INC (CYN) stock?
The current trend direction for CYNGN INC (CYN) is Bearish.
What is the RSI signal for CYNGN INC (CYN) stock?
CYNGN INC (CYN) has an RSI value of 39.7909. This indicates that the stock is currently neutral.
What is the MACD signal for CYN stock?
The MACD indicator for CYNGN INC (CYN) has a value of 0.000432603, indicating a bearish trend.
What are the support and resistance levels for CYNGN INC (CYN) stock?
CYNGN INC (CYN) has a resistance level at 2.87. Check the full technical report for our detailed analysis of CYN support and resistance levels.