Myos Rens Tech (MYOS) Technical Analysis
NASDAQ:MYOS
Current stock price
MYOS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MYOS. MYOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MYOS is a bad performer in the overall market: 97% of all stocks are doing better.
- MYOS 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 MYOS is lagging the market.
- In the last month MYOS has a been trading in the 0.98 - 1.31 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.
MYOS Weekly and Daily overview Charts
MYOS Setup Rating and Analysis
The technical rating of MYOS 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
MYOS Support and Resistance Analysis
0.84
When analyzing the support we can see 3 important areas.
- Support @0.91 from a trend line in the daily time frame.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.10 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.79 from a horizontal line in the weekly time frame.
MYOS 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 MYOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MYOS is down. |
| ChartMill Relative Strength | 3.51 | NEGATIVE | MYOS has a low relative strength, it was outperformed by 96.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.35 | NEUTRAL | The RSI value for MYOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MYOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.27 | NEUTRAL | The Stochastics value for MYOS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.32 | HIGH VOLATILITY | The high ATR as a percentage value for MYOS suggests high volalility. |
MYOS Chart- and CandleStick Pattern Analysis
MYOS Technicals: Chart, Performance Metrics, Trend & Indicators
1.01
-0.12 (-10.62%)
Myos Rens Tech / MYOS TA FAQ
What is the ChartMill technical rating of Myos Rens Tech (MYOS) stock?
ChartMill assigns a technical rating of 0 / 10 to MYOS.
What is the trend direction for MYOS stock?
The current trend direction for Myos Rens Tech (MYOS) is Bearish.
What is the RSI signal for MYOS stock?
Myos Rens Tech (MYOS) has an RSI value of 33.3455. This indicates that the stock is currently neutral.
What is the short term momentum for Myos Rens Tech (MYOS) stock?
The short term momentum for Myos Rens Tech (MYOS) is negative.
Can you provide the support and resistance levels for Myos Rens Tech?
Myos Rens Tech (MYOS) has a support level at 0.91 and a resistance level at 1.1. Check the full technical report for our detailed analysis of MYOS support and resistance levels.