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CYRXCryoport Inc

NASDAQDaily chart
Range low retest · 12 May 2022

CYRX slipped below its $30.32 – $60.23 range and came back to test the low on 12 May 2022.

Range low
$30.32
support
Range high
$60.23
99% above the low
In the range since
Dec 2021
11 mo
Close on retest day
$22.50
26% below the range low
  • Previous range $9.00 – $14.73 lasted 5 mo and broke upward at $20.11.
  • 4 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
10 Jun 2024Still open——
30 Oct 20234 Apr 2024 · 5 moBroke above the range at $20.11—
27 Oct 202230 Oct 2023 · 1 yrBroke below the range at $9.00—
23 Dec 20219 Nov 2022 · 11 moBroke below the range at $15.7912 May 2022

Retest signals

  • 12 May 2022 · 5 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.