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MYCRONIC AB (MYCR.ST) Stock Technical Analysis

STO:MYCR - Nasdaq Stockholm AB - SE0000375115 - Common Stock - Currency: SEK

388  -5.4 (-1.37%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MYCR. MYCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
76% of all other stocks performed better in the past year than MYCR.
MYCR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MYCR has a been trading in the 339.00 - 432.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MYCRONIC AB / MYCR Weekly stock chart
MYCRONIC AB / MYCR Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, MYCR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 393.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 376.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MYCR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

342.73

422.42

4 important support areas can be observed.

  • A support zone ranging from 370.47 to 376.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @363.74 from a trend line in the weekly time frame.
  • Support @356.99 from a horizontal line in the weekly time frame.
  • A support zone ranging from 346.19 to 349.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 393.41 to 393.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 403.32 to 408.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 418.20 to 418.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.47
Mansfield-0.41
10 Day High395.6
10 Day Low350.4
20 Day High432
20 Day Low339
52 Week High507.5
52 Week Low329.2
Performance
1 Week5.78%
2 Weeks4.72%
1 Month-9.73%
3 Month-21.01%
6 Month-5.73%
12 Month-2.95%
2 Year60.33%
3 Year112.02%
5 Year134.73%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)4.96
RSI(14)48.59
LBB352.25
UBB393.87
MYCRONIC AB / MYCR Daily stock chart

MYCRONIC AB

STO:MYCR (5/5/2025, 5:24:57 PM)

388

-5.4 (-1.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.37%
1 Week5.78%
2 Weeks4.72%
1 Month-9.73%
3 Month-21.01%
6 Month-5.73%
12 Month-2.95%
2 Year60.33%
3 Year112.02%
5 Year134.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.49
ATR(20)%4.68%
ATR Inc-40.37%
Range Today7.8
ADR(20)14.44
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.47
Mansfield-0.41
10 Day High395.6
10 Day Low350.4
20 Day High432
20 Day Low339
52 Week High507.5
52 Week Low329.2
CS1 End376.21
CR1 Start393.41
Volume & EV
DER(3)6.92%
DER(5)3.09%
Volume36.77K
Volume Incr-2.12%
Vol(5)68.55K
Vol(50)57.72K