PLAYSTUDIOS INC (MYPS) Stock Technical Analysis
USA - NASDAQ:MYPS - US72815G1085 - Common Stock
0.95 USD
+0 (+0.26%)
0.95 USD
0 (0%)
We assign a technical rating of 0 out of 10 to MYPS. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MYPS is a bad performer in the overall market: 92% of all stocks are doing better.
MYPS is part of the Entertainment industry. There are 80 other stocks in this industry, of which 69% are performing better than MYPS.
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 0.92 - 1.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MYPS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MYPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.90
1.30
We found 2 important support areas.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.07 from a horizontal line in the daily time frame.
- Resistance @1.26 from a trend line in the weekly time frame.
- Resistance @1.29 from a trend line in the daily 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 MYPS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYPS is neutral. |
| ChartMill Relative Strength | 8.92 | NEGATIVE | MYPS has a low relative strength, it was outperformed by 91.08% 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) | 46.62 | NEUTRAL | The RSI value for MYPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MYPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.03 | NEUTRAL | The Stochastics value for MYPS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MYPS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for MYPS suggests a weak or negative 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)
0.95
+0 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.26%
1 Week0%
2 Weeks0.53%
1 Month-1.85%
3 Month-22.13%
6 Month-25.2%
12 Month-32.14%
2 Year-66.43%
3 Year-78.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.06%
ATR Inc-32.17%
Range Today0.02
ADR(20)0.04
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.92
3 months CRS8.38
6 months CRS7.48
Mansfield-4.07
10 Day High0.99
10 Day Low0.93
20 Day High1.01
20 Day Low0.92
52 Week High2.29
52 Week Low0.9
CS1 End0.94
CR1 Start0.95
Volume & EV
DER(3)11.63%
DER(5)7.45%
Volume146.00K
Volume Incr0.88%
Vol(5)194.18K
Vol(50)224.63K
PLAYSTUDIOS INC / MYPS FAQ
What is the technical rating for MYPS stock?
ChartMill assigns a technical rating of 0 / 10 to MYPS.
What is the current trend direction of PLAYSTUDIOS INC (MYPS) stock?
The current trend direction for PLAYSTUDIOS INC (MYPS) is Bearish.
Can you provide the RSI signal for PLAYSTUDIOS INC?
PLAYSTUDIOS INC (MYPS) has an RSI value of 46.621. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PLAYSTUDIOS INC?
The short term momentum for PLAYSTUDIOS INC (MYPS) is neutral.