MYNARIC AG NA O.N. (MYNA) Technical Analysis
NASDAQ:MYNA • US62857X1019
Current stock price
MYNA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MYNA. MYNA'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.
- 100% of all other stocks performed better in the past year than MYNA.
- MYNA is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, of which 88% are performing better than MYNA.
- MYNA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MYNA is lagging the market.
- In the last month MYNA has a been trading in the 0.23 - 0.70 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.
- MYNA has an average volume of 3272340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MYNA Weekly and Daily overview Charts
MYNA Setup Rating and Analysis
The technical rating of MYNA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MYNA Support and Resistance Analysis
MYNA Technical Indicator Signal Analysis
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 MYNA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYNA is neutral. |
| ChartMill Relative Strength | 0.32 | NEGATIVE | MYNA has a low relative strength, it was outperformed by 99.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.68 | NEUTRAL | The RSI value for MYNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MYNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.4 | NEUTRAL | The Stochastics value for MYNA is a neutral value. |
| Average True Range in percent/ATR (20) | 42.12 | HIGH VOLATILITY | The high ATR as a percentage value for MYNA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for MYNA suggests a weak or negative trend. |
MYNA Chart- and CandleStick Pattern Analysis
MYNA Technicals: Chart, Performance Metrics, Trend & Indicators
0.2628
-0.16 (-38.02%)
MYNARIC AG NA O.N. / MYNA TA FAQ
What is the ChartMill technical rating of MYNARIC AG NA O.N. (MYNA) stock?
ChartMill assigns a technical rating of 0 / 10 to MYNA.
Can you provide the trend direction for MYNARIC AG NA O.N.?
The current trend direction for MYNARIC AG NA O.N. (MYNA) is Bearish.
What is the RSI signal for MYNA stock?
MYNARIC AG NA O.N. (MYNA) has an RSI value of 40.6754. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MYNARIC AG NA O.N.?
The MACD indicator for MYNARIC AG NA O.N. (MYNA) has a value of 0.00510056, indicating a bearish trend.
What is the short term momentum for MYNA stock?
The short term momentum for MYNARIC AG NA O.N. (MYNA) is neutral.