(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.
Showing technical analysis as on 2024-08-06 View latest technical analysis
10 day averaged volume of Myers Industries is 248368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 14.00 | 13.81 | 14.18 | 13.75 | 0.875 times |
| 05 Mon Aug 2024 | 13.84 | 13.84 | 13.93 | 13.48 | 1.516 times |
| 02 Fri Aug 2024 | 14.39 | 14.63 | 15.05 | 14.35 | 1.488 times |
| 01 Thu Aug 2024 | 15.54 | 16.35 | 17.39 | 15.32 | 1.756 times |
| 31 Wed Jul 2024 | 14.90 | 14.41 | 15.24 | 14.29 | 1.439 times |
| 30 Tue Jul 2024 | 14.47 | 14.57 | 14.63 | 14.44 | 0.724 times |
| 29 Mon Jul 2024 | 14.48 | 14.77 | 14.77 | 14.33 | 0.486 times |
| 26 Fri Jul 2024 | 14.73 | 14.85 | 14.99 | 14.62 | 0.526 times |
| 25 Thu Jul 2024 | 14.62 | 14.39 | 14.91 | 14.35 | 0.748 times |
| 24 Wed Jul 2024 | 14.38 | 14.63 | 14.94 | 14.37 | 0.605 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.8 as stoploss in an intra day buy trade for a target of 14.39. However, stock will show a bearish move below 13.8.
Share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Target | 12.47 |
| Downside Target | 13.19 |
| Downside Target | 13.48 |
| Downside Target | 13.95 |
| Upside Target | 14.99 |
| Upside Target | 15.24 |
| Upside Target | 16.03 |
| Upside Target | 17.39 |
| Upside Target | 20.88 |
| Upside Target | 23.05 |
| Upside Target | 23.22 |
Intraday share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Intraday Target | 13.59 |
| Downside Intraday Target | 13.19 |
| Upside Intraday Target | 14.29 |
| Upside Intraday Target | 14.59 |
| Downside Intraday Target | 13.89 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 14.00 | 13.84 | 14.18 | 13.48 | 0.406 times |
| 02 Fri Aug 2024 | 14.39 | 14.77 | 17.39 | 14.29 | 1.695 times |
| 26 Fri Jul 2024 | 14.73 | 14.54 | 14.99 | 14.27 | 0.846 times |
| 19 Fri Jul 2024 | 14.52 | 14.06 | 15.03 | 14.00 | 0.758 times |
| 12 Fri Jul 2024 | 13.93 | 12.65 | 13.95 | 12.62 | 2.184 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 |
| 06 Tue Aug 2024 | 14.00 | 16.35 | 17.39 | 13.48 | 0.267 times |
| 31 Wed Jul 2024 | 14.90 | 13.38 | 15.24 | 12.47 | 0.759 times |
| 28 Fri Jun 2024 | 13.38 | 15.85 | 16.03 | 13.19 | 1.036 times |
| 31 Fri May 2024 | 15.80 | 22.00 | 23.05 | 15.20 | 1.67 times |
Scroll below to view daily charts
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)
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Myers Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Myers Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.59 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY. Signal strength is Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Myers Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Myers Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.59 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.