0.96 USD
+0.01 (+1.15%)
0.96 USD
0 (0%)
Taking everything into account, MYO scores 2 out of 10 in our technical rating. In the past year, MYO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, MYO is a bad performer in the overall market: 94% of all stocks are doing better.
- MYO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 75% of 185 stocks in the same industry do better.
- MYO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MYO has a been trading in the 0.90 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MYO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.89
1.10
We found 1 important support area.
- Support @0.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.99 to 0.99. 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 1.01 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines 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 MYO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYO is neutral. |
| ChartMill Relative Strength | 6.15 | NEGATIVE | MYO has a low relative strength, it was outperformed by 93.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MYO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for MYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MYO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for MYO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for MYO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for MYO 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)
0.96
+0.01 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.15%
1 Week-2.85%
2 Weeks-3.03%
1 Month4.35%
3 Month-6.8%
6 Month-51.76%
12 Month-84.26%
2 Year-71.17%
3 Year98.68%
5 Year-90.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.9%
ATR Inc-22.01%
Range Today0.07
ADR(20)0.07
ADR(20)%7.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.15
3 months CRS23.38
6 months CRS5.49
Mansfield-6.84
10 Day High1.1
10 Day Low0.9
20 Day High1.1
20 Day Low0.9
52 Week High6.44
52 Week Low0.71
CS1 End0.9
CR1 Start0.99
Volume & EV
DER(3)0.98%
DER(5)-0.28%
Volume435.71K
Volume Incr-35.12%
Vol(5)419.44K
Vol(50)728.95K
MYOMO INC / MYO FAQ
Can you provide the ChartMill technical rating for MYOMO INC?
ChartMill assigns a technical rating of 2 / 10 to MYO.
What is the trend direction for MYO stock?
The current trend direction for MYOMO INC (MYO) is Bearish.
Can you provide the RSI signal for MYOMO INC?
MYOMO INC (MYO) has an RSI value of 49.0926. This indicates that the stock is currently neutral.
What is the short term momentum for MYO stock?
The short term momentum for MYOMO INC (MYO) is neutral.