VYNE THERAPEUTICS INC (VYNE) Stock Technical Analysis
USA - NASDAQ:VYNE - US92941V3087 - Common Stock
Taking everything into account, VYNE scores 1 out of 10 in our technical rating. VYNE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
VYNE has a poor technical rating and the quality of the setup is also not perfect 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
0.32
We found 1 important support area.
- Support @0.32 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.43 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for VYNE is down. |
| ChartMill Relative Strength | 3.77 | NEGATIVE | VYNE has a low relative strength, it was outperformed by 96.23% 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 | MIXED | The current price of VYNE is below 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) | 44.1 | 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) | 16.16 | OVERSOLD | The low Stochastics value suggests VYNE may be oversold. |
| Average True Range in percent/ATR (20) | 9.19 | HIGH VOLATILITY | The high ATR as a percentage value for VYNE suggests high volalility. |
| Average Directional Index/ADX (14) | 12.96 | NEGATIVE | The low ADX value for VYNE suggests a weak or negative trend. |
0.3379
+0.01 (+3.14%)
VYNE THERAPEUTICS INC / VYNE FAQ
What is the technical rating for VYNE stock?
ChartMill assigns a technical rating of 1 / 10 to VYNE.
What is the trend direction for VYNE stock?
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 44.1016. This indicates that the stock is currently neutral.
What is the short term momentum for VYNE stock?
The short term momentum for VYNE THERAPEUTICS INC (VYNE) is negative.
What is the buy/sell signal for VYNE stock?
The buy/sell signal for VYNE THERAPEUTICS INC (VYNE) is sell as both the short term and long term trends are negative.