(MYE) Myers Industries complete technical analysis [charts+indicators] | Buy/Sell Myers Industries | (MYE) share price targets
Complete technical analysis of Myers Industries (MYE) by charts plus indicators, forecast predictions and share price targets for Myers Industries (MYE)
Myers Industries trades in USA in Consumer Non Durables sector.
10 day averaged volume of Myers Industries is 296062
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 15.35 | 15.48 | 15.65 | 15.29 | 0.533 times |
| 23 Thu May 2024 | 15.42 | 15.60 | 15.69 | 15.27 | 0.849 times |
| 22 Wed May 2024 | 15.46 | 15.74 | 15.79 | 15.40 | 0.895 times |
| 21 Tue May 2024 | 15.74 | 16.04 | 16.05 | 15.70 | 0.815 times |
| 20 Mon May 2024 | 16.01 | 16.39 | 16.40 | 16.00 | 0.732 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.4, but if it comes above 15.4, then a intra day buy could be more profitable.
If you take a sell trade below 15.4, then use 15.4 as stoploss and 12 as target. However if you take a buy trade in stock , then use 15.4 as stoploss and 18.28 as target.
Share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Target | 15.27 |
| Upside Target | 15.99 |
| Upside Target | 16.40 |
| Upside Target | 16.94 |
| Upside Target | 18.03 |
| Upside Target | 18.87 |
| Upside Target | 19.81 |
| Upside Target | 20.88 |
| Upside Target | 21.49 |
| Upside Target | 22.85 |
| Upside Target | 23.05 |
| Upside Target | 23.22 |
| Upside Target | 23.63 |
Intraday share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Intraday Target | 14.95 |
| Downside Intraday Target | 14.54 |
| Upside Intraday Target | 16.08 |
| Upside Intraday Target | 16.8 |
| Upside Intraday Target | 15.67 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 15.35 | 16.39 | 16.40 | 15.27 | 0.62 times |
| 17 Fri May 2024 | 16.42 | 17.10 | 17.14 | 15.99 | 0.775 times |
| 10 Fri May 2024 | 17.04 | 22.92 | 23.05 | 16.94 | 2.6 times |
| 03 Fri May 2024 | 22.82 | 22.05 | 22.85 | 21.90 | 1.078 times |
| 26 Fri Apr 2024 | 22.04 | 21.59 | 22.27 | 21.49 | 1.094 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Myers Industries (MYE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 15.35 | 22.00 | 23.05 | 15.27 | 1.457 times |
| 30 Tue Apr 2024 | 21.90 | 23.22 | 23.22 | 20.88 | 0.408 times |
| 28 Thu Mar 2024 | 23.17 | 19.31 | 23.63 | 18.87 | 3.6 times |
| 29 Thu Feb 2024 | 19.23 | 18.82 | 19.81 | 18.26 | 0.608 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Myers Industries (MYE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 49, 58 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 5 | Sell |
| CCI | -105 | Sell |
| RSI | 35 | Sell |
| OBV | -1776269 | Sell |
| VWAP | 16 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Myers Industries ( (MYE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Myers Industries ( (MYE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Myers Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Myers Industries in short term and the sell signal is strong.
Myers Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Myers Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Myers Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.15 and Myers Industries (MYE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Myers Industries (MYE) stock. Volume based technical analysis of Myers Industries (MYE) stock is negative.
Myers Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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