Question 1

What does the Stochastic Oscillator suggest about CYN's trend?

Accepted Answer

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Question 2

How did CYN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CYN as a result. In 44 of 48 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 3

What does MACD indicator imply for CYN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for CYN turned negative on August 02, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 27 similar instances when the indicator turned negative. In 26 of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What does a 3-day price advance indicate for CYN?

Accepted Answer

Following a +4.83% 3-day Advance, the price is estimated to grow further. Considering data from situations where CYN advanced for three days, in 72 of 89 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for CYN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CYN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

Question 6

What does CYN breaking above its upper Bollinger Band indicate?

Accepted Answer

CYN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on CYN's trend?

Accepted Answer

The Aroon Indicator for CYN entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

CYN Stock Cyngn (CYN, $0.09) RSI Indicator left the oversold zone on May 15, 2024

CYN's Stochastic Oscillator remains in oversold zone for 5 days

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