Myovant Sciences Ltd (MYOV)

BMG637AM1024 - Common Stock

26.98  -0.01 (-0.04%)

After market: 26.98 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to MYOV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MYOV is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MYOV is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, MYOV also shows a nice and consistent pattern of rising prices.
MYOV is part of the Biotechnology industry. There are 592 other stocks in this industry. MYOV outperforms 93% of them.
MYOV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MYOV has an average volume of 1123900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MYOV has a been trading in a tight range between 26.90 and 27.06.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MYOV Weekly chart
MYOV Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, MYOV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

26.31

27.37

We found 1 important support area.

  • A support zone ranging from 26.58 to 26.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 26.99 to 27.10. 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
CRS98.07
Mansfield4.12
10 Day High27
10 Day Low26.95
20 Day High27.06
20 Day Low26.9
52 Week High27.06
52 Week Low7.67
Performance
1 Week0.11%
2 Weeks0.07%
1 Month0.33%
3 Month0.71%
6 Month36.13%
12 Month125.4%
2 YearN/A
3 YearN/A
5 YearN/A
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
RSI(14)61.01
LBB26.93
UBB26.99
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
27.0126.940.07 (0.26%)25.00%
An entry @27.01. This is a Buy Stop order right above the 10 day high.An exit @26.94. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.07 points, which is 0.26%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MYOV Daily chart

Myovant Sciences Ltd

NYSE:MYOV (3/9/2023, 7:04:00 PM)

After market: 26.98 0 (0%)

26.98

-0.01 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.04%
1 Week0.11%
2 Weeks0.07%
1 Month0.33%
3 Month0.71%
6 Month36.13%
12 Month125.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.14%
ATR Inc
Range Today0.02
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 High27
10 Day Low26.95
20 Day High27.06
20 Day Low26.9
52 Week High27.06
52 Week Low7.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.26M
Volume Incr160.22%
Vol(5)2.35M
Vol(50)1.12M