MAYR-MELNHOF KARTON AG (MYM.DE) Stock Technical Analysis
FRA:MYM - Deutsche Boerse Ag - AT0000938204 - Common Stock - Currency: EUR
Overall MYM gets a technical rating of 1 out of 10. MYM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MYM is a bad performer in the overall market: 92% of all stocks are doing better.
MYM is one of the lesser performing stocks in the Containers & Packaging industry. 69% of 14 stocks in the same industry do better.
MYM 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.
Warning: MYM has an average volume of 91 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MYM has a been trading in the 73.00 - 77.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
MYM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 76.47, a Stop Loss order could be placed below this zone.
More info and screens
68.81
87.06
3 important support areas can be observed.
- A support zone ranging from 74.51 to 75.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.67 from a trend line in the weekly time frame.
- Support @69.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 76.40 to 76.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.04 to 80.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 84.40 to 86.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MYM.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYM.DE is neutral. |
| ChartMill Relative Strength | 8.99 | NEGATIVE | MYM.DE has a low relative strength, it was outperformed by 91.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYM.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYM.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYM.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.69 | NEUTRAL | The RSI value for MYM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests MYM.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.18 | OVERBOUGHT | The high Stochastics value suggests MYM.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for MYM.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for MYM.DE 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)
FRA:MYM (7/1/2025, 7:00:00 PM)
76
-0.5 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.65%
1 Week1.47%
2 Weeks1.33%
1 Month1.06%
3 Month7.95%
6 Month-2.31%
12 Month-31.28%
2 Year-45.24%
3 Year-50.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%1.27%
ATR Inc-40.31%
Range Today0.2
ADR(20)0.59
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.99
Mansfield-1.47
10 Day High77.1
10 Day Low73
20 Day High77.4
20 Day Low73
52 Week High111
52 Week Low66.9
CS1 End76.47
CR1 Start77.01
Volume & EV
DER(3)0%
DER(5)0%
Volume4
Volume Incr-63.67%
Vol(5)39.2
Vol(50)91.48