CBDMD INC (YCBD) Technical Analysis
NYSEARCA:YCBD • US12482W4087
Current stock price
YCBD Technical Rating and Analysis
Taking everything into account, YCBD scores 0 out of 10 in our technical rating. YCBD 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.
- 96% of all other stocks performed better in the past year than YCBD.
- YCBD is one of the lesser performing stocks in the Pharmaceuticals industry. 78% of 192 stocks in the same industry do better.
- YCBD 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 YCBD is lagging the market.
- In the last month YCBD has a been trading in the 0.63 - 0.85 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- YCBD has an average volume of 1050540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
YCBD Weekly and Daily overview Charts
YCBD Setup Rating and Analysis
The technical rating of YCBD is bad and it also does not present a 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
YCBD Support and Resistance Analysis
0.65
We can see 2 important resistance areas.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
YCBD 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 | DOWN | NEGATIVE | The long term trend for YCBD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YCBD is down. |
| ChartMill Relative Strength | 4.48 | NEGATIVE | YCBD has a low relative strength, it was outperformed by 95.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YCBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YCBD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YCBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.3 | NEUTRAL | The RSI value for YCBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests YCBD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.56 | NEUTRAL | The Stochastics value for YCBD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.23 | HIGH VOLATILITY | The high ATR as a percentage value for YCBD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for YCBD suggests a weak or negative trend. |
YCBD Chart- and CandleStick Pattern Analysis
YCBD Technicals: Chart, Performance Metrics, Trend & Indicators
0.658
-0.06 (-8.61%)
CBDMD INC / YCBD TA FAQ
What is the ChartMill technical rating of CBDMD INC (YCBD) stock?
ChartMill assigns a technical rating of 0 / 10 to YCBD.
What is the current trend direction of CBDMD INC (YCBD) stock?
The current trend direction for CBDMD INC (YCBD) is Bearish.
What is the RSI signal for CBDMD INC (YCBD) stock?
CBDMD INC (YCBD) has an RSI value of 40.3002. This indicates that the stock is currently neutral.
What is the buy/sell signal for CBDMD INC (YCBD) stock?
The buy/sell signal for CBDMD INC (YCBD) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CBDMD INC?
CBDMD INC (YCBD) has a resistance level at 0.73. Check the full technical report for our detailed analysis of YCBD support and resistance levels.