MYOMO INC (MYO) Stock Technical Analysis
NYSEARCA:MYO - NYSE Arca - US62857J2015 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MYO. Although MYO 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.
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.
MYO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 191 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that MYO is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MYO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MYO has a been trading in the 3.90 - 5.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MYO 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 4.98. Right above this resistance zone may be a good entry point.
More info and screens
4.25
5.10
We found 2 important support areas.
- A support zone ranging from 4.43 to 4.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.29 to 4.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.98 to 5.05. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.3
Mansfield0.63
10 Day High4.78
10 Day Low4.01
20 Day High5.39
20 Day Low3.9
52 Week High7.17
52 Week Low2.76
Performance
1 Week3.79%
2 Weeks4.73%
1 Month-13.25%
3 Month-23.01%
6 Month23.67%
12 Month35.57%
2 Year688%
3 Year56.04%
5 Year15.1%
10 YearN/A
15 YearN/A
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)0.03
RSI(14)48.55
LBB4.17
UBB4.72
4.65
+0.16 (+3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.56%
1 Week3.79%
2 Weeks4.73%
1 Month-13.25%
3 Month-23.01%
6 Month23.67%
12 Month35.57%
2 Year688%
3 Year56.04%
5 Year15.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%7.06%
ATR Inc-28.17%
Range Today0.22
ADR(20)0.3
ADR(20)%6.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.3
Mansfield0.63
10 Day High4.78
10 Day Low4.01
20 Day High5.39
20 Day Low3.9
52 Week High7.17
52 Week Low2.76
CS1 End4.44
CR1 Start4.98
Volume & EV
DER(3)-0.22%
DER(5)-3.33%
Volume211.64K
Volume Incr-25.53%
Vol(5)233.14K
Vol(50)437.50K