7.35 USD
+0.28 (+3.96%)
7.35 USD
0 (0%)
Overall MYGN gets a technical rating of 3 out of 10. In the last year, MYGN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
89% of all other stocks performed better in the past year than MYGN.
MYGN is one of the lesser performing stocks in the Biotechnology industry. 70% of 531 stocks in the same industry do better.
MYGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MYGN has an average volume of 1097700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month MYGN has a been trading in the 6.25 - 8.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MYGN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.80
8.14
We found 4 important support areas.
- A support zone ranging from 7.00 to 7.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.58 from a trend line in the daily time frame.
- A support zone ranging from 6.29 to 6.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.84 to 3.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @7.92 from a horizontal line in the daily time frame.
- Resistance @8.06 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MYGN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYGN is neutral. |
| ChartMill Relative Strength | 11.63 | NEGATIVE | MYGN has a low relative strength, it was outperformed by 88.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MYGN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.63 | NEUTRAL | The RSI value for MYGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MYGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.8 | NEUTRAL | The Stochastics value for MYGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for MYGN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for MYGN suggests a weak or negative 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)
7.35
+0.28 (+3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.96%
1 Week0.14%
2 Weeks-4.2%
1 Month12.22%
3 Month-2.35%
6 Month40.56%
12 Month-51%
2 Year-63.06%
3 Year-51.27%
5 Year-64.25%
10 Year-83.62%
15 Year-69.05%
Volatility
ATR(14)0.39
ATR(20)%5.46%
ATR Inc-45.38%
Range Today0.38
ADR(20)0.37
ADR(20)%5.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.63
3 months CRS36.39
6 months CRS88.36
Mansfield-2.18
10 Day High8.09
10 Day Low6.93
20 Day High8.09
20 Day Low6.25
52 Week High15.47
52 Week Low3.76
CS1 End7.03
CR1 Start7.92
Volume & EV
DER(3)-0.91%
DER(5)-0.69%
Volume953.22K
Volume Incr-42.49%
Vol(5)786.00K
Vol(50)1.10M
MYRIAD GENETICS INC / MYGN FAQ
What is the ChartMill technical rating of MYRIAD GENETICS INC (MYGN) stock?
ChartMill assigns a technical rating of 3 / 10 to MYGN.
Can you provide the trend direction for MYRIAD GENETICS INC?
The current trend direction for MYRIAD GENETICS INC (MYGN) is Bearish.
Can you provide the RSI signal for MYRIAD GENETICS INC?
MYRIAD GENETICS INC (MYGN) has an RSI value of 47.6306. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MYRIAD GENETICS INC?
The short term momentum for MYRIAD GENETICS INC (MYGN) is neutral.