CYNGN INC (CYN)

US23257B2060 - Common Stock

6.53  +0.25 (+3.98%)

After market: 6.48 -0.05 (-0.77%)

Technical Rating and Analysis

5

Taking everything into account, CYN scores 5 out of 10 in our technical rating. In the past year, CYN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, CYN is a bad performer in the overall market: 84% of all stocks are doing better.
CYN is one of the lesser performing stocks in the Software industry. 76% of 279 stocks in the same industry do better.
CYN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month CYN has a been trading in the 3.41 - 8.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CYN Weekly chart
CYN Daily chart
Setup Rating and Analysis

3

CYN 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.

Support and Resistance Analysis

3.37

7.25

We found 2 important support areas.

  • A support zone ranging from 3.68 to 3.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.40 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @6.69 from a trend line in the daily time frame.
  • Resistance @7.03 from a trend line in the daily time frame.
  • Resistance @7.18 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.42
Mansfield-4.7
10 Day High8.75
10 Day Low4.24
20 Day High8.75
20 Day Low3.41
52 Week High59.5
52 Week Low2.85
Performance
1 Week-7.77%
2 Weeks38.94%
1 Month78.9%
3 Month42.58%
6 Month-44.04%
12 Month-72.78%
2 Year-90.79%
3 Year-98.64%
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)0.16
RSI(14)67.17
LBB3.2
UBB7.69
CYN Daily chart

CYNGN INC

NASDAQ:CYN (11/21/2024, 8:21:50 PM)

After market: 6.48 -0.05 (-0.77%)

6.53

+0.25 (+3.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.98%
1 Week-7.77%
2 Weeks38.94%
1 Month78.9%
3 Month42.58%
6 Month-44.04%
12 Month-72.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%10.89%
ATR Inc
Range Today0.59
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 High8.75
10 Day Low4.24
20 Day High8.75
20 Day Low3.41
52 Week High59.5
52 Week Low2.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume85.20K
Volume Incr-94.63%
Vol(5)96.97K
Vol(50)752.46K