VYNE THERAPEUTICS INC (VYNE) Stock Technical Analysis
NASDAQ:VYNE • US92941V3087
Overall VYNE gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. VYNE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, VYNE is a bad performer in the overall market: 75% of all stocks are doing better.
- VYNE 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.
- In the last month VYNE has a been trading in the 0.55 - 0.60 range, which is quite wide. It is currently trading near the high of this range.
- VYNE has an average volume of 6305840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- VYNE is an average performer in the Pharmaceuticals industry, it outperforms 49% of 191 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VYNE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.40
We found 4 important support areas.
- Support @0.59 from a horizontal line in the daily time frame.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.41 from a trend line in the weekly time frame.
- Support @0.40 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 VYNE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VYNE is up. |
| ChartMill Relative Strength | 25.35 | NEGATIVE | VYNE has a low relative strength, it was outperformed by 74.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VYNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VYNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VYNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.54 | NEUTRAL | The RSI value for VYNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VYNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.34 | NEUTRAL | The Stochastics value for VYNE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for VYNE suggests some volalility. |
| Average Directional Index/ADX (14) | 48.28 | POSITIVE | The high ADX value value for VYNE suggests a strong trend. |
0.5934
+0.02 (+4.11%)
VYNE THERAPEUTICS INC / VYNE FAQ
What is the technical rating for VYNE stock?
ChartMill assigns a technical rating of 5 / 10 to VYNE.
Can you provide the trend direction for VYNE THERAPEUTICS INC?
The current trend direction for VYNE THERAPEUTICS INC (VYNE) is Bearish.
Can you provide the RSI signal for VYNE THERAPEUTICS INC?
VYNE THERAPEUTICS INC (VYNE) has an RSI value of 67.5419. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VYNE THERAPEUTICS INC?
The MACD indicator for VYNE THERAPEUTICS INC (VYNE) has a value of -0.00183802, indicating a bearish trend.
Can you provide the support and resistance levels for VYNE THERAPEUTICS INC?
VYNE THERAPEUTICS INC (VYNE) has a support level at 0.59. Check the full technical report for our detailed analysis of VYNE support and resistance levels.