MYRIAD GENETICS INC (MYGN) Stock Technical Analysis
NASDAQ:MYGN - Nasdaq - US62855J1043 - Common Stock - Currency: USD
Taking everything into account, MYGN scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MYGN was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than MYGN.
MYGN 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 MYGN has a been trading in the 12.13 - 15.47 range, which is quite wide. It is currently trading near the high of this range.
MYGN has an average volume of 1108090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MYGN is an average performer in the Biotechnology industry, it outperforms 50% of 571 stocks in the same industry.
The technical rating of MYGN is bad and it also does not present a quality setup 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
12.15
15.14
When analyzing the support we notice one important area.
- A support zone ranging from 12.27 to 12.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.57 to 14.65. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @14.99 from a horizontal 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
CRS13.16
Mansfield-3.77
10 Day High15.47
10 Day Low12.13
20 Day High15.47
20 Day Low12.13
52 Week High29.3
52 Week Low12.04
Performance
1 Week-3.21%
2 Weeks11.39%
1 Month11.13%
3 Month-8.46%
6 Month-49.57%
12 Month-37.59%
2 Year-25.05%
3 Year-41.84%
5 Year-19.52%
10 Year-58.38%
15 Year-38.35%
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)0.27
RSI(14)55.82
LBB11.5
UBB15.53
14.18
-0.8 (-5.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.34%
1 Week-3.21%
2 Weeks11.39%
1 Month11.13%
3 Month-8.46%
6 Month-49.57%
12 Month-37.59%
2 Year-25.05%
3 Year-41.84%
5 Year-19.52%
10 Year-58.38%
15 Year-38.35%
Volatility
ATR(14)0.72
ATR(20)%4.71%
ATR Inc3%
Range Today1.04
ADR(20)0.67
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-3.77
10 Day High15.47
10 Day Low12.13
20 Day High15.47
20 Day Low12.13
52 Week High29.3
52 Week Low12.04
CS1 End12.38
CR1 Start14.57
Volume & EV
DER(3)0.4%
DER(5)0.56%
Volume988.20K
Volume Incr7.39%
Vol(5)1.22M
Vol(50)1.11M