CYB.AX breaks below prior session low
CYB.AX ended the week 0.49% higher at 6.21 after losing A$0.11 (-1.74%) today on high volume. Closing below Thursday's low at 6.28, the stock confirms its breakout through the previous session's low having traded A$0.10 below it intraday.
Friday's trading range was A$0.10 (1.6%), that's slightly above last trading month's daily average range of A$0.09. Weekly volatility is also higher, being slightly above the markets average with the monthly volatility being below average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
While classical technical analysis indicates a very bearish sentiment for the next trading day, our quantitative statistics show a different picture being neutral.
Market Conditions for CYBG Plc Cdi 1:1 Foreign Exempt Lse
|Down Close Near Low of Period||TQ Pro Members Only|
|2 Consecutive Lower Closes||TQ Pro Members Only|
|Close to Swing High||TQ Pro Members Only|
|RSI(2) below 20||TQ Pro Members Only|
|Bearish Bounce off SMA 20||TQ Pro Members Only|
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