MYERS INDUSTRIES INC (MYE) Stock Technical Analysis
NYSE:MYE - New York Stock Exchange, Inc. - US6284641098 - Common Stock - Currency: USD
Overall MYE gets a technical rating of 0 out of 10. MYE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than MYE.
MYE is one of the lesser performing stocks in the Containers & Packaging industry. 86% of 24 stocks in the same industry do better.
MYE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MYE is lagging the market.
In the last month MYE has a been trading in the 9.69 - 12.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of MYE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.71
12.44
2 important resistance areas can be observed.
- A resistance zone ranging from 11.43 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.30 to 12.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.58
Mansfield-3.59
10 Day High12.16
10 Day Low9.69
20 Day High12.43
20 Day Low9.69
52 Week High23.63
52 Week Low9.69
Performance
1 Week-10.57%
2 Weeks-18.66%
1 Month-18.52%
3 Month-17.22%
6 Month-30.03%
12 Month-53.75%
2 Year-54.22%
3 Year-54.58%
5 Year-8.74%
10 Year-44.04%
15 Year-6.39%
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)-0.21
RSI(14)28.66
LBB9.89
UBB12.9
9.81
-1.15 (-10.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-10.49%
1 Week-10.57%
2 Weeks-18.66%
1 Month-18.52%
3 Month-17.22%
6 Month-30.03%
12 Month-53.75%
2 Year-54.22%
3 Year-54.58%
5 Year-8.74%
10 Year-44.04%
15 Year-6.39%
Volatility
ATR(14)0.44
ATR(20)%4.09%
ATR Inc168.71%
Range Today1.3
ADR(20)0.39
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.58
Mansfield-3.59
10 Day High12.16
10 Day Low9.69
20 Day High12.43
20 Day Low9.69
52 Week High23.63
52 Week Low9.69
CS1 EndN/A
CR1 Start11.43
Volume & EV
DER(3)3.52%
DER(5)2.11%
Volume335.60K
Volume Incr260.08%
Vol(5)670.16K
Vol(50)287.08K