CYANOTECH CORP (CYAN) Stock: What Does the Chart Say Thursday?

2022-07-29 20:11:46 By : Ms. Joy Zhang

The market has been down on CYANOTECH CORP (CYAN) stock recently. CYAN gets a Bearish score from InvestorsObserver Stock Sentiment Indicator. CYANOTECH CORP has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CYAN! See Full CYAN Report What is Stock Sentiment? When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall. What's Happening With CYAN Stock Today? CYANOTECH CORP (CYAN) stock is trading at $2.97 as of 1:38 PM on Thursday, Jul 28, a gain of $0.14, or 4.89% from the previous closing price of $2.83. The stock has traded between $2.95 and $3.02 so far today. Volume today is light. So far 8,324 shares have traded compared to average volume of 18,562 shares. To screen for more stocks like CYANOTECH CORP click here. More About CYANOTECH CORP Cyanotech Corp is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company's products include BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. BioAstin Hawaiian Astaxanthin is a dietary antioxidant shown to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health. It derives maximum revenue from the Packaged product and geographically from the United States. Click Here to get the full Stock Report for CYANOTECH CORP stock.

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