Taking everything into account, MYOS scores 0 out of 10 in our technical rating. MYOS'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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.
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
0.84
We found 3 important support 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.
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. |
1.01
-0.12 (-10.62%)
Myos Rens Tech / MYOS 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.
Can you provide the RSI signal for Myos Rens Tech?
Myos Rens Tech (MYOS) has an RSI value of 33.3455. This indicates that the stock is currently neutral.
What is the MACD signal for MYOS stock?
The MACD indicator for Myos Rens Tech (MYOS) has a value of 0.00503396, indicating a bearish trend.
What is the buy/sell signal for Myos Rens Tech (MYOS) stock?
The buy/sell signal for Myos Rens Tech (MYOS) is sell as both the short term and long term trends are negative.