NYSE:MYTE - New York Stock Exchange, Inc. - US55406W1036 - ADR - Currency: USD
Overall MYTE gets a technical rating of 3 out of 10. Although MYTE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MYTE does present a nice setup opportunity. 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 8.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.89, a Stop Loss order could be placed below this zone.
6.31
3 important support areas can be observed.
We can see 2 important resistance areas.
NYSE:MYTE (4/30/2025, 8:23:38 PM)
7.64
-0.2 (-2.55%)