CRYOPORT INC (CYRX) Stock Technical Analysis
NASDAQ:CYRX • US2290503075
Taking everything into account, CYRX scores 1 out of 10 in our technical rating. CYRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month CYRX has a been trading in the 8.01 - 9.98 range, which is quite wide. It is currently trading near the lows of this range.
- CYRX is part of the Life Sciences Tools & Services industry. There are 58 other stocks in this industry. CYRX outperforms 87% of them.
- Looking at the yearly performance, CYRX did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
CYRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.41, a Stop Loss order could be placed below this zone.
More info and screens
8.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.33 to 8.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.13 to 8.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.68 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.57 from a trend line in the weekly 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 CYRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYRX is down. |
| ChartMill Relative Strength | 78.44 | POSITIVE | CYRX has a high relative strength, it outperformed 78.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CYRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.89 | NEUTRAL | The RSI value for CYRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CYRX has a positive trend. |
| Stochastics (14,3) | 36.93 | NEUTRAL | The Stochastics value for CYRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for CYRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.07 | POSITIVE | The high ADX value value for CYRX suggests a strong trend. |
8.53
+0.05 (+0.59%)
CRYOPORT INC / CYRX FAQ
What is the ChartMill technical rating of CRYOPORT INC (CYRX) stock?
ChartMill assigns a technical rating of 1 / 10 to CYRX.
Can you provide the trend direction for CRYOPORT INC?
The current trend direction for CRYOPORT INC (CYRX) is Bearish.
What is the RSI signal for CYRX stock?
CRYOPORT INC (CYRX) has an RSI value of 40.8933. This indicates that the stock is currently neutral.
What is the short term momentum for CRYOPORT INC (CYRX) stock?
The short term momentum for CRYOPORT INC (CYRX) is negative.
Can you provide the support and resistance levels for CRYOPORT INC?
CRYOPORT INC (CYRX) has a support level at 8.41 and a resistance level at 8.68. Check the full technical report for our detailed analysis of CYRX support and resistance levels.