Cyngn Inc (NASDAQ:CYN) shares, rose in value on Thursday, July 10, with the stock price down by -10.72% to the previous day’s close as strong demand from buyers drove the stock to $9.24.
Actively observing the price movement in the last trading, the stock closed the session at $10.35, falling within a range of $9.11 and $10.1491. The value of beta (5-year monthly) was -0.767. Referring to stock’s 52-week performance, its high was $1600.50, and the low was $3.62. On the whole, CYN has fluctuated by 96.60% over the past month.
With the market capitalization of Cyngn Inc currently standing at about $46.75 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CYN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of CYN currently trading nearly 8.20% and 47.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.98, while the 7-day volatility ratio is showing 10.77% which for the 30-day chart, stands at 24.17%. Furthermore, Cyngn Inc (CYN)’s beta value is 0.10.
A comparison of Cyngn Inc (CYN) with its peers suggests the former has fared considerably weaker in the market. CYN showed an intraday change of -10.72% in last session, and over the past year, it shrunk by -92.75%%.
Data on historical trading for Cyngn Inc (NASDAQ:CYN) indicates that the trading volumes over the past 10 days have averaged 25.14 and over the past 3 months, they’ve averaged 4.13 million. According to company’s latest data on outstanding shares, there are 5.06 million shares outstanding.
Nearly 3.46% of Cyngn Inc’s shares belong to company insiders and institutional investors own 4.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 27255.0 shares as on 2025-06-13, resulting in a short ratio of 0.87. According to the data, the short interest in Cyngn Inc (CYN) stood at 266.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 70616.0. The stock has fallen by -98.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CYN stock heading into the next quarter.
