MYERS INDUSTRIES INC (MYE) Stock Technical Analysis
NYSE:MYE - New York Stock Exchange, Inc. - US6284641098 - Common Stock - Currency: USD
Overall MYE gets a technical rating of 1 out of 10. MYE 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.
83% of all other stocks performed better in the past year than MYE.
MYE is one of the lesser performing stocks in the Containers & Packaging industry. 81% of 23 stocks in the same industry do better.
MYE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MYE has a been trading in the 9.06 - 11.64 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MYE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.37
13.41
We found 1 important support area.
- A support zone ranging from 11.48 to 11.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @12.06 from a trend line in the daily time frame.
- A resistance zone ranging from 12.48 to 12.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.13 to 13.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-1.03
10 Day High11.65
10 Day Low9.07
20 Day High11.65
20 Day Low9.06
52 Week High23.05
52 Week Low9.06
Performance
1 Week12.52%
2 Weeks22.52%
1 Month8.42%
3 Month-3.74%
6 Month-1.36%
12 Month-49.21%
2 Year-38.02%
3 Year-51.3%
5 Year-14.84%
10 Year-32.97%
15 Year29.06%
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)0.26
RSI(14)61.55
LBB8.74
UBB11.47
11.59
+0.53 (+4.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg4.79%
1 Week12.52%
2 Weeks22.52%
1 Month8.42%
3 Month-3.74%
6 Month-1.36%
12 Month-49.21%
2 Year-38.02%
3 Year-51.3%
5 Year-14.84%
10 Year-32.97%
15 Year29.06%
Volatility
ATR(14)0.5
ATR(20)%5.52%
ATR Inc87.22%
Range Today0.91
ADR(20)0.61
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-1.03
10 Day High11.65
10 Day Low9.07
20 Day High11.65
20 Day Low9.06
52 Week High23.05
52 Week Low9.06
CS1 End11.58
CR1 Start12.06
Volume & EV
DER(3)4.13%
DER(5)3.69%
Volume404.90K
Volume Incr1.94%
Vol(5)322.02K
Vol(50)414.11K