(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 2024-01-11 View latest technical analysis
10 day averaged volume of Myers Industries is 169660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 18.44 | 18.54 | 18.71 | 18.21 | 2.391 times |
| 10 Wed Jan 2024 | 18.67 | 18.67 | 18.87 | 18.48 | 1.577 times |
| 09 Tue Jan 2024 | 18.67 | 18.78 | 18.87 | 18.59 | 0.808 times |
| 08 Mon Jan 2024 | 18.97 | 19.23 | 19.28 | 18.87 | 1.27 times |
| 05 Fri Jan 2024 | 19.20 | 18.96 | 19.32 | 18.73 | 1.054 times |
| 04 Thu Jan 2024 | 19.06 | 19.23 | 19.24 | 19.00 | 0.904 times |
| 03 Wed Jan 2024 | 19.17 | 19.61 | 19.76 | 19.09 | 0.997 times |
| 02 Tue Jan 2024 | 19.63 | 19.50 | 19.89 | 19.40 | 0.893 times |
| 29 Fri Dec 2023 | 19.55 | 19.99 | 20.02 | 19.55 | 0.971 times |
| 29 Fri Dec 2023 | 19.55 | 19.99 | 20.02 | 19.55 | 0.971 times |
Stock of Myers Industries (MYE) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 18.4, for a target of 19 or 19.41
Share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Target | 15.65 |
| Downside Target | 16.36 |
| Downside Target | 17.20 |
| Downside Target | 18.01 |
| Upside Target | 18.73 |
| Upside Target | 19.55 |
| Upside Target | 19.89 |
| Upside Target | 20.02 |
| Upside Target | 20.06 |
| Upside Target | 20.19 |
Intraday share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Intraday Target | 18.01 |
| Downside Intraday Target | 17.57 |
| Upside Intraday Target | 19.08 |
| Upside Intraday Target | 19.71 |
| Upside Intraday Target | 18.64 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 18.44 | 19.23 | 19.28 | 18.21 | 1.571 times |
| 05 Fri Jan 2024 | 19.20 | 19.50 | 19.89 | 18.73 | 3.962 times |
| 29 Fri Dec 2023 | 19.55 | 19.99 | 20.02 | 19.55 | 0.359 times |
| 29 Fri Dec 2023 | 19.55 | 19.96 | 20.06 | 19.55 | 0.425 times |
| 22 Fri Dec 2023 | 19.88 | 19.37 | 20.19 | 19.07 | 0.252 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Myers Industries (MYE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 18.44 | 19.50 | 19.89 | 18.21 | 0.224 times |
| 29 Fri Dec 2023 | 19.55 | 17.54 | 20.19 | 17.46 | 2.032 times |
| 30 Thu Nov 2023 | 17.62 | 15.65 | 18.17 | 15.65 | 1.233 times |
| 31 Tue Oct 2023 | 16.77 | 17.79 | 18.01 | 16.36 | 0.673 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Myers Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 18.99 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Myers Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 18.99 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.