CYBIN INC (CYBN)
CA23256X1006 - Common Stock
Taking everything into account, CYBN scores 6 out of 10 in our technical rating. CYBN 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, CYBN is a bad performer in the overall market: 80% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CYBN has a been trading in the 9.62 - 12.95 range, which is quite wide. It is currently trading near the high of this range.
CYBN is an average performer in the Pharmaceuticals industry, it outperforms 47% of 194 stocks in the same industry.
CYBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CYBN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CYBN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.80
12.47
When analyzing the support we notice one important area.
- A support zone ranging from 9.90 to 9.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @11.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.85 to 12.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.49
Mansfield-1.86
10 Day High12.95
10 Day Low9.85
20 Day High12.95
20 Day Low9.62
52 Week High21.66
52 Week Low6.5
Performance
1 Week7.61%
2 Weeks16.12%
1 Month1.67%
3 Month15.63%
6 Month-12.78%
12 Month-32.16%
2 Year-17.98%
3 Year-79.23%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)58.31
LBB9.28
UBB12.1
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.62 | 9.89 | 1.73 (14.89%) | 6.72% |
| An entry @11.62. This is a Buy Stop order right above the resistance zone. | An exit @9.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.73 points, which is 14.89%. | For a 1.00% total portfolio risk, you can invest 6.72% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CYBIN INC
NYSEARCA:CYBN (11/15/2024, 8:04:01 PM)
After market: 12.1399 +0.54 (+4.65%)11.6
+0.6 (+5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5.45%
1 Week7.61%
2 Weeks16.12%
1 Month1.67%
3 Month15.63%
6 Month-12.78%
12 Month-32.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.03
ATR(20)%7.88%
ATR Inc
Range Today1.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.95
10 Day Low9.85
20 Day High12.95
20 Day Low9.62
52 Week High21.66
52 Week Low6.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.16M
Volume Incr391.08%
Vol(5)849.94K
Vol(50)967.16K