CYCLO THERAPEUTICS INC (CYTH) Stock Technical Analysis
NASDAQ:CYTH - Nasdaq - US23254X2018 - Common Stock - Currency: USD
Taking everything into account, CYTH scores 1 out of 10 in our technical rating. CYTH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
64% of all other stocks performed better in the past year than CYTH.
CYTH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
CYTH has an average volume of 1832040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CYTH is an average performer in the Biotechnology industry, it outperforms 59% of 558 stocks in the same industry.
In the last month CYTH has a been trading in the 0.62 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CYTH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.63
1.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.66 from a trend line in the daily time frame.
- Support @0.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.10 from a trend line in the weekly time frame.
- Resistance @1.13 from a trend line in the weekly time frame.
- Resistance @1.15 from a trend line in the daily 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 CYTH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYTH is down. |
| ChartMill Relative Strength | 36.52 | NEUTRAL | CYTH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CYTH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CYTH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.9 | NEUTRAL | The RSI value for CYTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CYTH has a positive trend. |
| Stochastics (14,3) | 53.38 | NEUTRAL | The Stochastics value for CYTH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for CYTH suggests high volalility. |
| Average Directional Index/ADX (14) | 12.73 | NEGATIVE | The low ADX value for CYTH suggests a weak or negative 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)
0.7206
+0.01 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.39%
1 Week10.86%
2 Weeks6.44%
1 Month-5.31%
3 Month20.5%
6 Month0.08%
12 Month-48.16%
2 Year-14.22%
3 Year-77.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.86%
ATR Inc38.3%
Range Today0.1
ADR(20)0.06
ADR(20)%8.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.52
Mansfield-2.51
10 Day High0.76
10 Day Low0.62
20 Day High0.8
20 Day Low0.62
52 Week High1.79
52 Week Low0.55
CS1 End0.69
CR1 Start1.1
Volume & EV
DER(3)-0.59%
DER(5)0%
Volume188.20K
Volume Incr-5.47%
Vol(5)65.80K
Vol(50)1.83M