Taking everything into account, YCBD scores 3 out of 10 in our technical rating. In the last year, YCBD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 89% of all other stocks performed better in the past year than YCBD.
- YCBD is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 63% are performing better than YCBD.
- 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.
- YCBD has an average volume of 14018900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month YCBD has a been trading in the 0.72 - 1.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of YCBD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.01
We found 1 important support area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.32 from a trend line in the weekly time frame.
- Resistance @1.36 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 | NEUTRAL | NEUTRAL | The short term trend for YCBD is neutral. |
| ChartMill Relative Strength | 11.43 | NEGATIVE | YCBD has a low relative strength, it was outperformed by 88.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of YCBD is above a declining 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) | 52.58 | NEUTRAL | The RSI value for YCBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests YCBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.81 | NEUTRAL | The Stochastics value for YCBD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for YCBD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for YCBD suggests a weak or negative trend. |
1.04
+0.27 (+34.89%)
CBDMD INC / YCBD FAQ
What is the ChartMill technical rating of CBDMD INC (YCBD) stock?
ChartMill assigns a technical rating of 3 / 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 52.5751. This indicates that the stock is currently neutral.
What are the support and resistance levels for CBDMD INC (YCBD) stock?
CBDMD INC (YCBD) has a support level at 1.03 and a resistance level at 1.32. Check the full technical report for our detailed analysis of YCBD support and resistance levels.