(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 2024-01-19 View latest technical analysis
10 day averaged volume of Myers Industries is 287090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 18.79 | 18.85 | 18.97 | 18.51 | 0.536 times |
| 18 Thu Jan 2024 | 18.74 | 18.29 | 18.79 | 18.22 | 2.484 times |
| 17 Wed Jan 2024 | 18.30 | 18.08 | 18.40 | 18.03 | 1.096 times |
| 16 Tue Jan 2024 | 18.33 | 18.40 | 18.51 | 18.25 | 0.554 times |
| 12 Fri Jan 2024 | 18.60 | 18.70 | 18.75 | 18.37 | 0.835 times |
| 12 Fri Jan 2024 | 18.60 | 18.70 | 18.75 | 18.37 | 0.835 times |
| 11 Thu Jan 2024 | 18.44 | 18.54 | 18.71 | 18.21 | 1.413 times |
| 10 Wed Jan 2024 | 18.67 | 18.67 | 18.87 | 18.48 | 0.932 times |
| 09 Tue Jan 2024 | 18.67 | 18.78 | 18.87 | 18.59 | 0.478 times |
| 08 Mon Jan 2024 | 18.97 | 19.23 | 19.28 | 18.87 | 0.751 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 18.5 as stoploss in an intra day buy trade for a target of 19.09. However, stock will show a bearish move below 18.5.
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 | 18.97 |
| Upside Target | 19.15 |
| Upside Target | 19.28 |
| Upside Target | 19.55 |
| Upside Target | 19.89 |
| Upside Target | 20.02 |
| Upside Target | 20.19 |
Intraday share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Intraday Target | 18.22 |
| Downside Intraday Target | 17.66 |
| Upside Intraday Target | 19.16 |
| Upside Intraday Target | 19.54 |
| Downside Intraday Target | 18.6 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 18.79 | 18.40 | 18.97 | 18.03 | 5.59 times |
| 12 Fri Jan 2024 | 18.60 | 18.70 | 18.75 | 18.37 | 0.189 times |
| 12 Fri Jan 2024 | 18.60 | 19.23 | 19.28 | 18.21 | 1.938 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 |
Price has moved up 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 |
| 19 Fri Jan 2024 | 18.79 | 19.50 | 19.89 | 18.03 | 0.466 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Myers Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Myers Industries in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Myers Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 and BUY 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
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 18.61 and Myers Industries (MYE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Myers Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Myers Industries in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Myers Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 and BUY 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
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 18.61 and Myers Industries (MYE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.