MYERS INDUSTRIES INC (MYE) Stock Technical Analysis
NYSE:MYE - New York Stock Exchange, Inc. - US6284641098 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to MYE. 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.
Both the short term and long term trends are positive. This is a very positive sign.
MYE is part of the Containers & Packaging industry. There are 22 other stocks in this industry. MYE outperforms 80% of them.
MYE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MYE is lagging the market slightly.
In the last month MYE has a been trading in the 12.50 - 15.22 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MYE did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although MYE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.10
15.41
We found 2 important support areas.
- A support zone ranging from 15.06 to 15.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.24 to 14.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 85.73 | POSITIVE | MYE has a high relative strength, it outperformed 85.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYE is above 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) | 68.38 | NEUTRAL | The RSI value for MYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MYE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.71 | NEUTRAL | The Stochastics value for MYE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for MYE suggests some volalility. |
| Average Directional Index/ADX (14) | 39.5 | POSITIVE | The high ADX value value for MYE suggests a strong trend. |
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)
NYSE:MYE (7/2/2025, 10:36:27 AM)
15.26
+0.21 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.4%
1 Week2.38%
2 Weeks1.21%
1 Month20.98%
3 Month44.99%
6 Month37.19%
12 Month20.11%
2 Year-23.25%
3 Year-38.14%
5 Year-0.07%
10 Year-0.53%
15 Year90.27%
Volatility
ATR(14)0.42
ATR(20)%3.16%
ATR Inc25.8%
Range Today0.2
ADR(20)0.45
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.73
Mansfield1.13
10 Day High15.21
10 Day Low14
20 Day High15.22
20 Day Low12.5
52 Week High17.39
52 Week Low9.06
CS1 End14.24
CR1 Start14.7
Volume & EV
DER(3)-0.93%
DER(5)-0.92%
Volume17.14K
Volume Incr52.25%
Vol(5)412.28K
Vol(50)263.61K