0.9621 USD
+0.07 (+8.1%)
0.9681 USD
+0.01 (+0.62%)
We assign a technical rating of 2 out of 10 to MYO. 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: 95% of all stocks are doing better.
MYO is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 73% are performing better than MYO.
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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month MYO has a been trading in the 0.71 - 0.98 range, which is quite wide. It is currently trading near the high of this range.
MYO has an average volume of 1453270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MYO has a poor technical rating and the quality of the setup is also not perfect 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
0.95
1.78
We can see 2 important resistance areas.
- Resistance @1.18 from a horizontal line in the daily time frame.
- Resistance @1.76 from a trend line in the weekly 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 | 5.79 | NEGATIVE | MYO has a low relative strength, it was outperformed by 94.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYO is above 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) | 59.28 | NEUTRAL | The RSI value for MYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MYO has a positive trend. |
| Stochastics (14,3) | 79.98 | NEUTRAL | The Stochastics value for MYO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.8 | HIGH VOLATILITY | The high ATR as a percentage value for MYO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.04 | 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)
0.9621
+0.07 (+8.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.1%
1 Week14.82%
2 Weeks33.55%
1 Month14.47%
3 Month-3.58%
6 Month-67.71%
12 Month-84.02%
2 Year-80.8%
3 Year88.13%
5 Year-85.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.8%
ATR Inc9.55%
Range Today0.11
ADR(20)0.07
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.79
3 months CRS30.7
6 months CRS2.46
Mansfield-7.42
10 Day High0.97
10 Day Low0.71
20 Day High0.98
20 Day Low0.71
52 Week High7.17
52 Week Low0.71
CS1 EndN/A
CR1 Start1.18
Volume & EV
DER(3)-1.2%
DER(5)-0.02%
Volume672.90K
Volume Incr-29.42%
Vol(5)609.70K
Vol(50)1.45M
MYOMO INC / MYO FAQ
What is the technical rating for MYO stock?
ChartMill assigns a technical rating of 2 / 10 to MYO.
Can you provide the trend direction for MYOMO INC?
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 59.2796. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MYOMO INC?
The short term momentum for MYOMO INC (MYO) is neutral.