+Compare
CYN
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
15.98M

CYN Cyngn Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for CYN with price predictions
08:00 PM EDT Sep 21, 2023

CYN in -8.47% downward trend, falling for three consecutive days on September 20, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CYN declined for three days, in of 148 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Aroon Indicator for CYN entered a downward trend on September 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CYN's RSI Oscillator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. 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 upward trend is expected.

The Moving Average Convergence Divergence (MACD) for CYN just turned positive on September 22, 2023. Looking at past instances where CYN's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CYN advanced for three days, in of 65 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.195) is normal, around the industry mean (21.026). P/E Ratio (0.000) is within average values for comparable stocks, (152.571). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.632). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (9.814) is also within normal values, averaging (74.029).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CYN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CYN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Activision Blizzard (NASDAQ:ATVI), VMware (NYSE:VMW), Palo Alto Networks (NASDAQ:PANW).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 8.11B. The market cap for tickers in the group ranges from 291 to 2.37T. MSFT holds the highest valuation in this group at 2.37T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -2%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was 4%. NAHD experienced the highest price growth at 721%, while SPLTF experienced the biggest fall at -67%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -54%. For the same stocks of the Industry, the average monthly volume growth was 28% and the average quarterly volume growth was 46%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 73
Price Growth Rating: 63
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: -16 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

CYN is expected to report earnings to fall 10.53% to -17 cents per share on November 15

Cyngn CYN Stock Earnings Reports
Q3'23
Est.
$-0.17
Q2'23
Est.
$-0.19
Q1'23
Beat
by $0.01
Q4'22
Beat
by $0.02
Q3'22
Beat
by $0.05
The last earnings report on August 09 showed earnings per share of -18 cents, meeting the estimate of -18 cents. With 46.07K shares outstanding, the current market capitalization sits at 15.98M.
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
1015 O’Brien Drive
Phone
+1 650 924-5905
Employees
66
Web
https://www.cyngn.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
NXE6.120.17
+2.86%
NexGen Energy Ltd
IBRX1.650.02
+0.92%
ImmunityBio
MKL1526.136.62
+0.44%
Markel Group
SQNS2.85N/A
N/A
Sequans Communications SA
MGRX0.90-0.06
-6.23%
Mangoceuticals

CYN and

Correlation & Price change

A.I.dvisor tells us that CYN and SDGR have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CYN and SDGR's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CYN
1D Price
Change %
CYN100%
-0.47%
SDGR - CYN
32%
Poorly correlated
-2.35%
PLTR - CYN
27%
Poorly correlated
+0.93%
PGNY - CYN
27%
Poorly correlated
-0.48%
WORX - CYN
27%
Poorly correlated
-6.76%
AFRM - CYN
27%
Poorly correlated
-5.04%
More