CRYOPORT INC (CYRX) Stock Technical Analysis
NASDAQ:CYRX - Nasdaq - US2290503075 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CYRX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CYRX is only an average performer.
The long and short term trends are both positive. This is looking good!
CYRX is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. CYRX outperforms 79% of them.
CYRX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, CYRX did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CYRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CYRX is lagging the market.
Besides having an excellent technical rating, CYRX also presents 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 7.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.54, a Stop Loss order could be placed below this zone.
More info and screens
5.46
7.75
4 important support areas can be observed.
- A support zone ranging from 7.41 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.17 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.71 from a trend line in the daily time frame.
- Support @5.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.61 to 7.67. 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 | UP | POSITIVE | The long term trend for CYRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CYRX is up. |
| ChartMill Relative Strength | 75.18 | POSITIVE | CYRX has a high relative strength, it outperformed 75.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CYRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.4 | NEUTRAL | The RSI value for CYRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CYRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.37 | NEUTRAL | The Stochastics value for CYRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for CYRX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for CYRX suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 7.68 | 7.40 | 0.28 (3.65%) | 25.00% |
| An entry @7.68. This is a Buy Stop order right above the resistance zone. | An exit @7.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 3.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of CYRX. Please evaluate whether better entry and exit points can be found.
- 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.
7.55
+0.04 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.53%
1 Week-1.44%
2 Weeks3.57%
1 Month9.26%
3 Month30.85%
6 Month-11.28%
12 Month5.3%
2 Year-53.02%
3 Year-79.7%
5 Year-77.22%
10 Year200.8%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.52%
ATR Inc-44.78%
Range Today0.21
ADR(20)0.41
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.18
Mansfield-0.34
10 Day High7.96
10 Day Low7.13
20 Day High7.96
20 Day Low6.16
52 Week High9.78
52 Week Low4.58
CS1 End7.54
CR1 Start7.61
Volume & EV
DER(3)2.3%
DER(5)1.6%
Volume289.70K
Volume Incr-38.61%
Vol(5)361.66K
Vol(50)494.93K