Changyou.com Ltd (CYOU) Stock Technical Analysis
USA - NASDAQ:CYOU -
Overall CYOU gets a technical rating of 6 out of 10. CYOU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CYOU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.72, a Stop Loss order could be placed below this zone.
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10.31
When analyzing the support we notice one important area.
- A support zone ranging from 10.41 to 10.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.77 to 10.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CYOU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CYOU is up. |
| ChartMill Relative Strength | 62.02 | NEUTRAL | CYOU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYOU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYOU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYOU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.38 | NEUTRAL | The RSI value for CYOU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CYOU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.66 | OVERBOUGHT | The high Stochastics value suggests CYOU may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CYOU suggests some volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.80 | 10.40 | 0.40 (3.70%) | 25.00% |
| An entry @10.80. This is a Buy Stop order right above the resistance zone. | An exit @10.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.40 points, which is 3.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.74
+0.01 (+0.09%)