CBDMD INC (YCBD) Stock Technical Analysis
USA - NYSEARCA:YCBD - US12482W4087 - Common Stock
1.43 USD
-0.05 (-3.38%)
1.48 USD
+0.05 (+3.5%)
We assign a technical rating of 6 out of 10 to YCBD. YCBD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, YCBD is a bad performer in the overall market: 78% of all stocks are doing better.
YCBD 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
YCBD has an average volume of 4506210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
YCBD is an average performer in the Pharmaceuticals industry, it outperforms 44% of 196 stocks in the same industry.
In the last month YCBD has a been trading in the 0.60 - 1.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
YCBD 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
1.42
1.71
When analyzing the resistance we notice one important area.
- Resistance @1.69 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 | NEUTRAL | NEUTRAL | The long term trend for YCBD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YCBD is up. |
| ChartMill Relative Strength | 22.9 | NEGATIVE | YCBD has a low relative strength, it was outperformed by 77.1% 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 | NEGATIVE | The current price of YCBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.21 | OVERBOUGHT | The high RSI value suggests YCBD may be overbought. |
| 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) | 59.95 | NEUTRAL | The Stochastics value for YCBD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.74 | HIGH VOLATILITY | The high ATR as a percentage value for YCBD suggests high volalility. |
| Average Directional Index/ADX (14) | 43.81 | POSITIVE | The high ADX value value for YCBD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.43
-0.05 (-3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.38%
1 Week25.44%
2 Weeks113.85%
1 Month109.65%
3 Month47.9%
6 Month-18.34%
12 Month-59%
2 Year-69.71%
3 Year-98.8%
5 Year-99.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%12.74%
ATR Inc-15.65%
Range Today0.14
ADR(20)0.17
ADR(20)%12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.9
Mansfield-4.36
10 Day High1.94
10 Day Low0.6
20 Day High1.94
20 Day Low0.6
52 Week High6.54
52 Week Low0.59
CS1 EndN/A
CR1 Start1.69
Volume & EV
DER(3)-0.93%
DER(5)-0.22%
Volume467.50K
Volume Incr-78.52%
Vol(5)2.26M
Vol(50)4.51M