6.06 USD
+0.22 (+3.77%)
6.06 USD
0 (0%)
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than MYGN.
- MYGN is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 73% are performing better than MYGN.
- 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 1041980 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 5.46 - 7.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MYGN has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.85
8.14
When analyzing the support we notice one important area.
- Support @5.91 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.16 to 6.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.59 to 6.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for MYGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MYGN is down. |
| ChartMill Relative Strength | 7.76 | NEGATIVE | MYGN has a low relative strength, it was outperformed by 92.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYGN is below 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) | DOWN | NEGATIVE | The current price of MYGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.51 | NEUTRAL | The RSI value for MYGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MYGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.44 | NEUTRAL | The Stochastics value for MYGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for MYGN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.35 | 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)
6.06
+0.22 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.77%
1 Week-0.82%
2 Weeks-8.6%
1 Month-10.35%
3 Month-25.64%
6 Month36.18%
12 Month-52.73%
2 Year-71.67%
3 Year-69.27%
5 Year-78%
10 Year-84.45%
15 Year-69.64%
Volatility
ATR(14)0.36
ATR(20)%5.1%
ATR Inc-10.62%
Range Today0.32
ADR(20)0.31
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.76
3 months CRS11.84
6 months CRS88.31
Mansfield-2.47
10 Day High7.15
10 Day Low5.47
20 Day High7.15
20 Day Low5.47
52 Week High15.47
52 Week Low3.76
CS1 End5.91
CR1 Start6.16
Volume & EV
DER(3)-1.15%
DER(5)-1.53%
Volume1.34M
Volume Incr28.67%
Vol(5)1.18M
Vol(50)1.04M
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 41.5082. 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 negative.
Can you provide the buy/sell signal for MYRIAD GENETICS INC?
The buy/sell signal for MYRIAD GENETICS INC (MYGN) is sell as both the short term and long term trends are negative.