Technical Analysis for CYBN - Cybin Inc

Grade Last Price % Change Price Change
F 11.300 12.21% 1.230
CYBN closed down 1.85 percent on Wednesday, September 18, 2024, on 38 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 12.21%
Wide Bands Range Expansion 12.21%
Oversold Stochastic Weakness 12.21%
NR7 Range Contraction 10.14%
Narrow Range Bar Range Contraction 10.14%
Wide Bands Range Expansion 10.14%
Oversold Stochastic Weakness 10.14%
Wide Bands Range Expansion 8.13%
Oversold Stochastic Weakness 8.13%
NR7 Range Contraction 12.21%

   Recent Intraday Alerts

Alert Time
Gap Down Closed about 4 hours ago
Rose Above Previous Day's High about 4 hours ago
Reversed from Down about 4 hours ago
Rose Above 10 DMA about 4 hours ago
Up 1 ATR about 4 hours ago

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Cybin Inc Description

Cybin Inc., a clinical-stage biopharmaceutical company, focuses on developing psychedelic-based therapeutics for patients with mental health conditions. The company's development pipeline includes CYB003, a deuterated psilocybin analog, which is in phase 1/2a clinical trial to treat major depressive disorder (MDD), as well as in preclinical trials for alcohol use disorder; CYB004, a deuterated dimethyltryptamine (DMT), which completed phase 2 clinical trial for treating generalized anxiety disorders; SPL028 injectable deuterated DMT completed phase 1 clinical intramuscular and intravenous trial; SPL026 completed phase 1, 1b, and 1/2a for MDD; and CYB005, a phenethylamine derivative, which in preclinical stage to treat neuroinflammation, as well as has a research pipeline of investigational psychedelic-based compounds. The company has research and collaboration agreement with TMS Neurohealth Centers Inc. for development of psychedelic compound-based therapeutics; Kernel for use of Kernel flow technology to measure neural activity; and Greenbook TMS to establish mental health centers. The company is headquartered in Toronto, Canada.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Entheogens Biopharmaceutical Ayahuasca Major Depressive Disorder Serotonin Receptor Agonists

Is CYBN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 37.24
52 Week Low 9.5
Average Volume 11,862
200-Day Moving Average 17.301
50-Day Moving Average 13.395
20-Day Moving Average 11.723
10-Day Moving Average 10.450
Average True Range 0.844
RSI (14) 26.47
ADX 46.38
+DI 5.419
-DI 29.226
Chandelier Exit (Long, 3 ATRs) 11.719
Chandelier Exit (Short, 3 ATRs) 12.031
Upper Bollinger Bands 14.474
Lower Bollinger Band 8.972
Percent B (%b) 0.2
BandWidth 46.937
MACD Line -0.984
MACD Signal Line -0.893
MACD Histogram -0.0912
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.640
Resistance 3 (R3) 10.640 10.450 10.545
Resistance 2 (R2) 10.450 10.305 10.450 10.513
Resistance 1 (R1) 10.260 10.215 10.260 10.260 10.482
Pivot Point 10.070 10.070 10.070 10.070 10.070
Support 1 (S1) 9.880 9.925 9.880 9.880 9.658
Support 2 (S2) 9.690 9.835 9.690 9.627
Support 3 (S3) 9.500 9.690 9.595
Support 4 (S4) 9.500