MYOMO INC (MYO)

US62857J2015 - Common Stock

3.58  +0.31 (+9.48%)

Technical Rating and Analysis

9

Taking everything into account, MYO scores 9 out of 10 in our technical rating. In the last year, MYO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MYO did better than 99% of all other stocks. On top of that, MYO also shows a nice and consistent pattern of rising prices.
MYO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 98% of 192 stocks in the same industry.
In the last month MYO has a been trading in the 2.51 - 3.64 range, which is quite wide. It is currently trading near the high of this range.
MYO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MYO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MYO Weekly chart
MYO Daily chart
Setup Rating and Analysis

3

Although MYO has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

2.82

3.62

We found 5 important support areas.

  • Support @3.55 from a horizontal line in the daily time frame.
  • A support zone ranging from 3.43 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 3.21 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.02 from a trend line in the weekly time frame.
  • A support zone ranging from 2.85 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.55
Mansfield4.18
10 Day High3.64
10 Day Low2.72
20 Day High3.64
20 Day Low2.51
52 Week High5.58
52 Week Low0.37
Performance
1 Week-7.63%
2 Weeks15.96%
1 Month7.92%
3 Month-3.82%
6 Month138.69%
12 Month529.33%
2 Year9.73%
3 Year-66.7%
5 Year-90.76%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)50.72
LBB2.58
UBB3.73
MYO Daily chart

MYOMO INC

NYSEARCA:MYO (5/1/2024, 2:03:30 PM)

3.58

+0.31 (+9.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg9.48%
1 Week-7.63%
2 Weeks15.96%
1 Month7.92%
3 Month-3.82%
6 Month138.69%
12 Month529.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%7.23%
ATR Inc
Range Today0.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.64
10 Day Low2.72
20 Day High3.64
20 Day Low2.51
52 Week High5.58
52 Week Low0.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume284.86K
Volume Incr-49.11%
Vol(5)95.52K
Vol(50)260.84K