CYRX is a solid find
$CryoPort(CYRX)$ is a solid find — it shares a similar beaten-down base structure as the few stocks I shared earlier but has already reclaimed the 200-MA and is trading within a defined 6-month uptrend channel. It doesn’t show up on my screeners because I apply an average volume cutoff between 800K–1M shares (it’s currently around 650K).
Worth noting that CYRX falls under the $Industrial Select Sector SPDR Fund(XLI)$ group. The current 1-month RS sector ranking (from strongest) is: $Health Care Select Sector SPDR Fund(XLV)$ $Technology Select Sector SPDR Fund(XLK)$ $Real Estate Select Sector SPDR Fund(XLRE)$ $Utilities Select Sector SPDR Fund(XLU)$ $Communication Services Select Sector SPDR Fund(XLC)$ $Consumer Discretionary Select Sector SPDR Fund(XLY)$ $Consumer Staples Select Sector SPDR Fund(XLP)$ $Industrial Select Sector SPDR Fund(XLI)$ $Materials Select Sector SPDR Fund(XLB)$ $Financial Select Sector SPDR Fund(XLF)$ $Communication Services Select Sector SPDR Fund(XLC)$
While we can’t predict which of the stocks will sustain +ve movement in the coming days or weeks, I prefer to stack probabilities by focusing on setups within the leading 2-3 sectors.
That said, exceptionally high relative volume can always redefine a stock’s price narrative, showing standalone strength within a weak group. If CYRX sees such a day, it would qualify for inclusion on my focus list as an RVOL-based entry opportunity (since a high RVOL day effectively brings the liquidity it lacks).
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