NASDAQ:MYFW - Nasdaq - US33751L1052 - Common Stock - Currency: USD
Taking everything into account, MYFW scores 7 out of 10 in our technical rating. In the last year, MYFW was one of the better performers, but we do observe some doubts in the very recent evolution.
Although MYFW has an excellent technical rating, it does not present a decent entry opportunity 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.
17.36
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 MYFW is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYFW is neutral. |
ChartMill Relative Strength | 76.58 | POSITIVE | MYFW has a high relative strength, it outperformed 76.58% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYFW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYFW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYFW is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 38.49 | NEUTRAL | The RSI value for MYFW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MYFW has a negative trend. |
Stochastics (14,3) | 32.15 | NEUTRAL | The Stochastics value for MYFW is a neutral value. |
Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MYFW suggests some volalility. |
Average Directional Index/ADX (14) | 33.32 | POSITIVE | The high ADX value value for MYFW suggests a strong trend. |
22.27
-0.72 (-3.13%)