PLAYSTUDIOS INC (MYPS) Technical Analysis
NASDAQ:MYPS • US72815G1085
Current stock price
MYPS Technical Rating and Analysis
Overall MYPS gets a technical rating of 0 out of 10. MYPS'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, MYPS is a bad performer in the overall market: 96% of all stocks are doing better.
- MYPS is one of the lesser performing stocks in the Entertainment industry. 82% of 79 stocks in the same industry do better.
- MYPS 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 MYPS has a been trading in the 0.41 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
MYPS Weekly and Daily overview Charts
MYPS Setup Rating and Analysis
Although the technical rating is bad, MYPS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MYPS Support and Resistance Analysis
0.43
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.46 from a trend line in the daily time frame.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MYPS 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 MYPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MYPS is down. |
| ChartMill Relative Strength | 4.56 | NEGATIVE | MYPS has a low relative strength, it was outperformed by 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.22 | NEUTRAL | The RSI value for MYPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MYPS has a negative trend. |
| Stochastics (14,3) | 23.93 | NEUTRAL | The Stochastics value for MYPS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for MYPS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.7 | NEGATIVE | The low ADX value for MYPS suggests a weak or negative trend. |
MYPS Chart- and CandleStick Pattern Analysis
MYPS Technicals: Chart, Performance Metrics, Trend & Indicators
0.4296
0 (-0.6%)
PLAYSTUDIOS INC / MYPS TA FAQ
What is the technical rating for MYPS stock?
ChartMill assigns a technical rating of 0 / 10 to MYPS.
Can you provide the trend direction for PLAYSTUDIOS INC?
The current trend direction for PLAYSTUDIOS INC (MYPS) is Bearish.
What is the RSI signal for MYPS stock?
PLAYSTUDIOS INC (MYPS) has an RSI value of 41.2216. This indicates that the stock is currently neutral.
What is the buy/sell signal for MYPS stock?
The buy/sell signal for PLAYSTUDIOS INC (MYPS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PLAYSTUDIOS INC (MYPS) stock?
PLAYSTUDIOS INC (MYPS) has a resistance level at 0.43. Check the full technical report for our detailed analysis of MYPS support and resistance levels.