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CYTEIR THERAPEUTICS INC (CYT) Stock Technical Analysis

NASDAQ:CYT - Nasdaq - US23284P1030 - Common Stock - Currency: USD

3.02  -0.07 (-2.27%)

After market: 3.1 +0.08 (+2.65%)

Technical Rating and Analysis

6

Overall CYT gets a technical rating of 6 out of 10. In the last year, CYT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CYT did better than 90% of all other stocks. On top of that, CYT also shows a nice and consistent pattern of rising prices.
CYT is part of the Biotechnology industry. There are 571 other stocks in this industry. CYT outperforms 86% of them.
CYT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CYT is leading the market.
In the last month CYT has a been trading in a tight range between 2.99 and 3.15.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CYTEIR THERAPEUTICS INC / CYT Weekly stock chart
CYTEIR THERAPEUTICS INC / CYT Daily stock chart
Setup Rating and Analysis

6

CYT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.81

3.19

We found 2 important support areas.

  • A support zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.84 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 3.02 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 3.15 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS90.36
Mansfield-0.19
10 Day High3.15
10 Day Low2.99
20 Day High3.15
20 Day Low2.99
52 Week High3.19
52 Week Low1.65
Performance
1 Week-2.89%
2 Weeks-2.58%
1 Month-2.89%
3 Month-2.27%
6 Month7.86%
12 Month81.93%
2 Year-19.89%
3 YearN/A
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)-0.01
RSI(14)43.38
LBB2.99
UBB3.14
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3.112.980.13 (4.18%)23.92%
An entry @3.11. This is a Buy Stop order right above the resistance zone.An exit @2.98. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.13 points, which is 4.18%.When investing 23.92% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
CYTEIR THERAPEUTICS INC / CYT Daily stock chart

CYTEIR THERAPEUTICS INC

NASDAQ:CYT (3/15/2024, 8:00:01 PM)

After market: 3.1 +0.08 (+2.65%)

3.02

-0.07 (-2.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.27%
1 Week-2.89%
2 Weeks-2.58%
1 Month-2.89%
3 Month-2.27%
6 Month7.86%
12 Month81.93%
2 Year-19.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.95%
ATR Inc33.89%
Range Today0.09
ADR(20)0.06
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.36
Mansfield-0.19
10 Day High3.15
10 Day Low2.99
20 Day High3.15
20 Day Low2.99
52 Week High3.19
52 Week Low1.65
CS1 End3.01
CR1 Start3.02
Volume & EV
DER(3)0.29%
DER(5)-0.12%
Volume1.01M
Volume Incr691.59%
Vol(5)987.86K
Vol(50)196.95K