We assign a technical rating of 9 out of 10 to YCBD. Both in the recent history as in the last year, YCBD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although YCBD has an excellent technical rating, it does not present a decent entry opportunity 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.
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1.66
When analyzing the resistance we notice one important area.
- Resistance @2.26 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 | UP | POSITIVE | The long term trend for YCBD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YCBD is up. |
| ChartMill Relative Strength | 94.77 | POSITIVE | YCBD has a high relative strength, it outperformed 94.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YCBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YCBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YCBD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.56 | NEUTRAL | The RSI value for YCBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests YCBD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.46 | NEUTRAL | The Stochastics value for YCBD is a neutral value. |
| Average True Range in percent/ATR (20) | 18.27 | HIGH VOLATILITY | The high ATR as a percentage value for YCBD suggests high volalility. |
| Average Directional Index/ADX (14) | 39.93 | POSITIVE | The high ADX value value for YCBD suggests a strong trend. |
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+0.09 (+5.66%)
CBDMD INC / YCBD FAQ
What is the ChartMill technical rating of CBDMD INC (YCBD) stock?
ChartMill assigns a technical rating of 9 / 10 to YCBD.
What is the trend direction for YCBD stock?
The current trend direction for CBDMD INC (YCBD) is Bullish.
What is the RSI signal for CBDMD INC (YCBD) stock?
CBDMD INC (YCBD) has an RSI value of 62.5603. This indicates that the stock is currently neutral.
What is the buy/sell signal for YCBD stock?
The buy/sell signal for CBDMD INC (YCBD) is buy as both the short term and long term trends are positive.
What is the support and resistance level for YCBD stock?
CBDMD INC (YCBD) has a resistance level at 2.26. Check the full technical report for our detailed analysis of YCBD support and resistance levels.