Cyren Technical Analysis (NASDAQ:CYRN)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Cyren stock price data and volume are plotted in CYRN stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Cyren. Technical analysis uses an approach for Cyren stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cyren Moving Average
Moving averages show the average price of CYRN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $2.98 is above the price of $2.9.
Cyren Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CYRN stock. Cyren bollinger bands show that the stock price is $2.9, upper band is 3.09, lower band is 2.87, and the average is 2.98.
Cyren Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Cyren MACD indicator can be used to identify bullish and bearish trends for the stock.
Cyren Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 46.32 is the RSI value of CYRN stock.