Taking everything into account, CYT scores 6 out of 10 in our technical rating. CYT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CYT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone.
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2.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.84 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.02 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.15 to 3.16. 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 CYT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYT is neutral. |
| ChartMill Relative Strength | 90.36 | POSITIVE | CYT has a high relative strength, it outperformed 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.38 | NEUTRAL | The RSI value for CYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CYT has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for CYT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for CYT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for CYT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 3.11 | 2.98 | 0.13 (4.18%) | 23.92% |
| An entry @3.11. This is a Buy Stop order right above the resistance zone. | An exit @2.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 4.18%. | For a 1.00% total portfolio risk, you can invest 23.92% of your capital in this trade. |
- 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.
3.02
-0.07 (-2.27%)
CYTEIR THERAPEUTICS INC / CYT FAQ
Can you provide the ChartMill technical rating for CYTEIR THERAPEUTICS INC?
ChartMill assigns a technical rating of 6 / 10 to CYT.
What is the trend direction for CYT stock?
The current trend direction for CYTEIR THERAPEUTICS INC (CYT) is Bullish.
What is the RSI signal for CYT stock?
CYTEIR THERAPEUTICS INC (CYT) has an RSI value of 43.3812. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CYTEIR THERAPEUTICS INC?
The short term momentum for CYTEIR THERAPEUTICS INC (CYT) is neutral.
Can you provide the support and resistance levels for CYTEIR THERAPEUTICS INC?
CYTEIR THERAPEUTICS INC (CYT) has a support level at 3.01 and a resistance level at 3.02. Check the full technical report for our detailed analysis of CYT support and resistance levels.