MYT NETHERLANDS PARENT BV (MYTE)

US55406W1036 - ADR

7.24  -0.24 (-3.21%)

Technical Rating and Analysis

10

Taking everything into account, MYTE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MYTE has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MYTE is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, MYTE also shows a nice and consistent pattern of rising prices.
MYTE is part of the Specialty Retail industry. There are 120 other stocks in this industry. MYTE outperforms 96% of them.
MYTE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MYTE is performing more or less in line with the market.
In the last month MYTE has a been trading in the 6.24 - 7.89 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.
Weekly and Daily overview Charts
MYTE Weekly chart
MYTE Daily chart
Setup Rating and Analysis

7

MYTE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MYTE in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

3.50

8.04

5 important support areas can be observed.

  • A support zone ranging from 6.77 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @6.36 from a horizontal line in the daily time frame.
  • Support @6.16 from a horizontal line in the weekly time frame.
  • Support @4.31 from a trend line in the weekly time frame.
  • Support @3.54 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • Resistance @7.26 from a trend line in the daily time frame.
  • Resistance @7.51 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 7.96 to 7.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield4.29
10 Day High7.57
10 Day Low6.48
20 Day High7.89
20 Day Low6.24
52 Week High8.24
52 Week Low2.41
Performance
1 Week0.7%
2 Weeks1.4%
1 Month12.95%
3 Month67.98%
6 Month51.78%
12 Month119.39%
2 Year-37.91%
3 Year-57.73%
5 YearN/A
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
RSI(14)55.47
LBB6.75
UBB7.63
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
7.276.760.51 (7.02%)14.25%
An entry @7.27. This is a Buy Stop order right above the resistance zone.An exit @6.76. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.51 points, which is 7.02%.For a 1.00% total portfolio risk, you can invest 14.25% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of MYTE. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MYTE Daily chart

MYT NETHERLANDS PARENT BV

NYSE:MYTE (1/3/2025, 8:04:01 PM)

7.24

-0.24 (-3.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.21%
1 Week0.7%
2 Weeks1.4%
1 Month12.95%
3 Month67.98%
6 Month51.78%
12 Month119.39%
2 Year-37.91%
3 Year-57.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%7.08%
ATR Inc-5.95%
Range Today0.55
ADR(20)0.51
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield4.29
10 Day High7.57
10 Day Low6.48
20 Day High7.89
20 Day Low6.24
52 Week High8.24
52 Week Low2.41
CS1 End6.8
CR1 Start7.26
Volume & EV
DER(3)11.09%
DER(5)3.12%
Volume42.60K
Volume Incr-79.75%
Vol(5)39.16K
Vol(50)160.57K