MYRIAD GENETICS INC (MYGN) Technical Analysis
NASDAQ:MYGN • US62855J1043
Overall MYGN gets a technical rating of 0 out of 10. MYGN 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.
- 93% of all other stocks performed better in the past year than MYGN.
- MYGN is one of the lesser performing stocks in the Biotechnology industry. 77% of 519 stocks in the same industry do better.
- MYGN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MYGN is lagging the market.
- MYGN has an average volume of 1302080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MYGN has a been trading in the 4.10 - 5.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MYGN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MYGN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.29
2 important support areas can be observed.
- A support zone ranging from 4.77 to 4.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.33 to 4.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.05 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.16 from a horizontal line in the weekly time frame.
- Resistance @5.30 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 | DOWN | NEGATIVE | The long term trend for MYGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYGN is neutral. |
| ChartMill Relative Strength | 7.71 | NEGATIVE | MYGN has a low relative strength, it was outperformed by 92.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MYGN is above a declining 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) | UP | MIXED | The current price of MYGN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for MYGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MYGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.69 | NEUTRAL | The Stochastics value for MYGN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for MYGN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for MYGN suggests a possible start of a new trend. |
MYGN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MYGN (3/12/2026, 11:53:51 AM)
5.045
-0.01 (-0.3%)
MYRIAD GENETICS INC / MYGN FAQ
What is the ChartMill technical rating of MYRIAD GENETICS INC (MYGN) stock?
ChartMill assigns a technical rating of 0 / 10 to MYGN.
What is the current trend direction of MYRIAD GENETICS INC (MYGN) stock?
The current trend direction for MYRIAD GENETICS INC (MYGN) is Bearish.
What is the RSI signal for MYRIAD GENETICS INC (MYGN) stock?
MYRIAD GENETICS INC (MYGN) has an RSI value of 49.7541. This indicates that the stock is currently neutral.
What is the short term momentum for MYGN stock?
The short term momentum for MYRIAD GENETICS INC (MYGN) is neutral.