RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

CYANOTECH CORP stock price ended at £0.0400 on Wednesday, after losing 0%.
(Updated on Sep 02, 2020)

Hold candidate since May 21, 2020 Gain 100.00% PDF

No changes to the price of CYANOTECH CORP stock on the last trading day (Wednesday, 2nd Sep 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0400 to a day high of £0.0400. The price has been going up and down for this period, and there has been a 300% gain for the last 2 weeks.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -21.43% during the next 3 months and, with a 90% probability hold a price between £0.0291 and £0.0346 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CYAN.L Signals & Forecast

The CYANOTECH CORP stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £0.0386 and £0.0226. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, November 30, -1. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for CYANOTECH CORP stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 5.00%

Our recommended stop-loss: £0 (-5.00%) (Unable to calculate.)

Trading Expectations (CYAN.L) For The Upcoming Trading Day Of Thursday 3rd

Is CYANOTECH CORP stock A Buy?

CYANOTECH CORP holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for CYANOTECH CORP of Thursday, September 3, 2020

Fair opening price September 3, 2020 Current price
£0.0400 ( 0%) £0.0400

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CYAN.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0400 .
R2 0.0400 .
R1 0.0400 .
Current price: 0.0400
Support S1 0.0400 .
S2 0.0400 .
S3 0.0400 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.0400
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for CYANOTECH CORP Stock and on which exchange is it traded?
The symbol for CYANOTECH CORP is CYAN.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell CYANOTECH CORP Stock?
CYANOTECH CORP holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy CYANOTECH CORP Stock?
CYANOTECH CORP Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CYANOTECH CORP Stock.

What's the current price of CYANOTECH CORP Stock?
As of the end of day on the 2020-09-02, the price of an CYANOTECH CORP (CYAN.L) share was £0.0400.

What is the 52-week high and low for CYANOTECH CORP Stock?
The 52-week high for CYANOTECH CORP Stock is £0.0580 and the 52-week low is £0.0100.

What is the market capitalization of CYANOTECH CORP Stock?
As of the 2020-09-02, the market capitalization of CYANOTECH CORP is 25.899M.
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About CYANOTECH CORP

CYANOTECH CORP CyanConnode Holdings plc engages in the design, development, and sale of Narrowband radio frequency (RF) mesh networks that enable Omni Internet of Things (IoT) communications in the United Kingdom, India, Sweden, Thailand, and internationally. It offers wireless communication technology for smart metering, lighting, and IoT. The company provides Narrowband RF mesh technology that supports multi-application networks, enabling communication with a... CYAN.L Profile

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