VYNE THERAPEUTICS INC (VYNE) Technical Analysis
NASDAQ:VYNE • US92941V3087
Current stock price
VYNE Technical Rating and Analysis
Taking everything into account, VYNE scores 4 out of 10 in our technical rating. In the last year, VYNE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, VYNE is a bad performer in the overall market: 89% of all stocks are doing better.
- VYNE is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 64% are performing better than VYNE.
- VYNE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VYNE is lagging the market.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month VYNE has a been trading in the 0.57 - 0.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
VYNE Weekly and Daily overview Charts
VYNE Setup Rating and Analysis
VYNE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 0.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
VYNE Support and Resistance Analysis
0.44
3 important support areas can be observed.
- A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines 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.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.59 from a trend line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
VYNE Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for VYNE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VYNE is neutral. |
| ChartMill Relative Strength | 11.54 | NEGATIVE | VYNE has a low relative strength, it was outperformed by 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VYNE is below a declining 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 | MIXED | The current price of VYNE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.86 | 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. |
| Stochastics (14,3) | 58.62 | NEUTRAL | The Stochastics value for VYNE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for VYNE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.43 | POSITIVE | The high ADX value value for VYNE suggests a strong trend. |
VYNE Chart- and CandleStick Pattern Analysis
VYNE Technicals: Chart, Performance Metrics, Trend & Indicators
0.5912
-0.03 (-4.26%)
VYNE THERAPEUTICS INC / VYNE TA FAQ
What is the technical rating for VYNE stock?
ChartMill assigns a technical rating of 4 / 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 47.8643. 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 -0.00137414, 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 0.58 and a resistance level at 0.59. Check the full technical report for our detailed analysis of VYNE support and resistance levels.