NYSE:MYE - New York Stock Exchange, Inc. - US6284641098 - Common Stock - Currency: USD
Overall MYE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MYE has proven to be a steady performer, scoring decent points in every aspect analyzed.
MYE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
13.80
We found 2 important support areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MYE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYE is up. |
ChartMill Relative Strength | 81.38 | POSITIVE | MYE has a high relative strength, it outperformed 81.38% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MYE is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for MYE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MYE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 51.86 | NEUTRAL | The Stochastics value for MYE is a neutral value. |
Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MYE suggests some volalility. |
Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for MYE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
15.30 | 14.48 | 0.82 (5.36%) | 18.66% |
An entry @15.30. This is a Buy Stop order right above the resistance zone. | An exit @14.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.82 points, which is 5.36%. | For a 1.00% total portfolio risk, you can invest 18.66% of your capital in this trade. |
14.94
-0.44 (-2.86%)