Taking everything into account, MYGN scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than MYGN.
MYGN is one of the lesser performing stocks in the Biotechnology industry. 89% of 563 stocks in the same industry do better.
MYGN is currently making a new 52 week low. This is a very bad signal. MYGN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MYGN has a been trading in the 4.24 - 8.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MYGN has an average volume of 1633350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.