PLAYSTUDIOS INC (MYPS) Stock Technical Analysis
NASDAQ:MYPS - Nasdaq - US72815G1085 - Common Stock - Currency: USD
Taking everything into account, MYPS scores 4 out of 10 in our technical rating. In the past year, MYPS 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.
85% of all other stocks performed better in the past year than MYPS.
MYPS is one of the lesser performing stocks in the Entertainment industry. 71% of 71 stocks in the same industry do better.
MYPS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MYPS is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month MYPS has a been trading in the 1.22 - 1.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MYPS has an average technical rating and also the quality of the setup is only medium 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
1.23
2.19
We found 1 important support area.
- A support zone ranging from 1.24 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.42 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.56 from a horizontal line in the weekly time frame.
- Resistance @1.61 from a trend line in the daily time frame.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @2.17 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 | NEUTRAL | NEUTRAL | The long term trend for MYPS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYPS is neutral. |
| ChartMill Relative Strength | 15 | NEGATIVE | MYPS has a low relative strength, it was outperformed by 85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MYPS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYPS is above the rising 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) | 49.92 | NEUTRAL | The RSI value for MYPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MYPS has a negative trend. |
| Stochastics (14,3) | 27.55 | NEUTRAL | The Stochastics value for MYPS is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for MYPS suggests high volalility. |
| Average Directional Index/ADX (14) | 21.57 | NEUTRAL | The ADX value for MYPS suggests a possible start of a new 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)
1.41
+0.06 (+4.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4.44%
1 Week-5.37%
2 Weeks-9.03%
1 Month11.02%
3 Month-17.06%
6 Month-25%
12 Month-38.96%
2 Year-68.87%
3 Year-77.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7%
ATR Inc64.35%
Range Today0.22
ADR(20)0.1
ADR(20)%6.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15
Mansfield-1.85
10 Day High1.69
10 Day Low1.34
20 Day High1.69
20 Day Low1.22
52 Week High2.46
52 Week Low1.14
CS1 End1.24
CR1 Start1.42
Volume & EV
DER(3)-14.61%
DER(5)-9.88%
Volume579.75K
Volume Incr23.57%
Vol(5)222.55K
Vol(50)211.11K