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 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MYE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MYE is a bad performer in the overall market: 86% of all stocks are doing better.
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 trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MYE has a been trading in the 10.43 - 12.41 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
MYE has a poor technical rating and the quality of the setup is also 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
10.52
14.33
We found 2 important support areas.
- Support @10.91 from a horizontal line in the daily time frame.
- A support zone ranging from 10.63 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.31 to 12.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.54 from a horizontal line in the daily time frame.
- Resistance @14.19 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.52
Mansfield-2.9
10 Day High12.41
10 Day Low10.93
20 Day High12.41
20 Day Low10.43
52 Week High23.63
52 Week Low10.35
Performance
1 Week-0.08%
2 Weeks10.32%
1 Month5.69%
3 Month2.81%
6 Month-16.05%
12 Month-36.65%
2 Year-49.83%
3 Year-33.15%
5 Year-25.34%
10 Year-27.45%
15 Year32.17%
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)0.14
RSI(14)57.26
LBB10.43
UBB12.68
MYERS INDUSTRIES INC
NYSE:MYE (1/28/2025, 4:15:00 PM)
After market: 12.08 0 (0%)12.08
-0.26 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-2.11%
1 Week-0.08%
2 Weeks10.32%
1 Month5.69%
3 Month2.81%
6 Month-16.05%
12 Month-36.65%
2 Year-49.83%
3 Year-33.15%
5 Year-25.34%
10 Year-27.45%
15 Year32.17%
Volatility
ATR(14)0.37
ATR(20)%3.22%
ATR Inc-26.76%
Range Today0.28
ADR(20)0.36
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.52
Mansfield-2.9
10 Day High12.41
10 Day Low10.93
20 Day High12.41
20 Day Low10.43
52 Week High23.63
52 Week Low10.35
CS1 End10.91
CR1 Start12.31
Volume & EV
DER(3)3.77%
DER(5)2.05%
Volume196.17K
Volume Incr-23.81%
Vol(5)226.24K
Vol(50)520.51K