CRYOPORT INC (CYRX) Stock Technical Analysis
NASDAQ:CYRX - US2290503075 - Common Stock
8.86 USD
+0.17 (+1.96%)
8.86 USD
0 (0%)
We assign a technical rating of 9 out of 10 to CYRX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CYRX is showing a nice and steady performance.
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 54 other stocks in this industry. CYRX outperforms 81% of them.
CYRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CYRX is lagging the market slightly.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that CYRX is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, CYRX also presents 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 8.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CYRX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.64
9.18
We found 5 important support areas.
- A support zone ranging from 8.76 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.45 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.29 from a trend line in the daily time frame.
- Support @6.95 from a trend line in the daily time frame.
- Support @6.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.98 to 9.09. 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 | 81.24 | POSITIVE | CYRX has a high relative strength, it outperformed 81.24% 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) | UP | POSITIVE | The current price of CYRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.38 | NEUTRAL | The RSI value for CYRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CYRX has a negative trend. |
| Stochastics (14,3) | 68.46 | NEUTRAL | The Stochastics value for CYRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for CYRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.52 | POSITIVE | The high ADX value value for CYRX suggests a strong 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 |
|---|---|---|---|
| 9.10 | 8.75 | 0.35 (3.85%) | 25.00% |
| An entry @9.10. This is a Buy Stop order right above the resistance zone. | An exit @8.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 3.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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.
8.86
+0.17 (+1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg1.96%
1 Week-1.23%
2 Weeks2.9%
1 Month21.87%
3 Month47.42%
6 Month59.07%
12 Month-4.94%
2 Year-37.16%
3 Year-72.87%
5 Year-84.03%
10 Year215.3%
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%7.47%
ATR Inc-41.31%
Range Today0.23
ADR(20)0.57
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.24
Mansfield1.36
10 Day High9.14
10 Day Low8.39
20 Day High9.48
20 Day Low6.69
52 Week High9.48
52 Week Low4.58
CS1 End8.85
CR1 Start8.98
Volume & EV
DER(3)3.26%
DER(5)1.24%
Volume518.50K
Volume Incr-65.94%
Vol(5)375.12K
Vol(50)728.27K