(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 2024-06-11 View latest technical analysis
10 day averaged volume of Myers Industries is 220490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 15.45 | 15.87 | 15.87 | 15.27 | 2.026 times |
| 10 Mon Jun 2024 | 15.93 | 15.65 | 15.96 | 15.56 | 1.085 times |
| 07 Fri Jun 2024 | 15.78 | 15.70 | 15.82 | 15.63 | 0.723 times |
| 06 Thu Jun 2024 | 15.78 | 15.94 | 16.03 | 15.69 | 0.825 times |
| 05 Wed Jun 2024 | 15.97 | 15.85 | 16.00 | 15.69 | 1.057 times |
| 04 Tue Jun 2024 | 15.77 | 15.69 | 15.81 | 15.58 | 0.915 times |
| 03 Mon Jun 2024 | 15.70 | 15.85 | 15.90 | 15.70 | 1.528 times |
| 31 Fri May 2024 | 15.80 | 15.30 | 15.86 | 15.20 | 1.518 times |
| 30 Thu May 2024 | 15.28 | 15.35 | 15.53 | 15.25 | 0.558 times |
| 29 Wed May 2024 | 15.34 | 15.27 | 15.44 | 15.23 | 0.873 times |
Stock of Myers Industries (MYE) has showed a significant fall. This could be a good time to exit from this stock.
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 15.4 as stoploss in an intra day buy trade for a target of 15.82. However, stock will show a bearish move below 15.4.
Share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Target | 15.20 |
| Upside Target | 15.58 |
| Upside Target | 16.40 |
| Upside Target | 17.14 |
| Upside Target | 18.26 |
| Upside Target | 18.87 |
| Upside Target | 19.81 |
| Upside Target | 20.88 |
| 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 | 15.16 |
| Downside Intraday Target | 14.87 |
| Upside Intraday Target | 15.85 |
| Upside Intraday Target | 16.25 |
| Upside Intraday Target | 15.56 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 15.45 | 15.65 | 15.96 | 15.27 | 0.616 times |
| 07 Fri Jun 2024 | 15.78 | 15.85 | 16.03 | 15.58 | 1.305 times |
| 31 Fri May 2024 | 15.80 | 15.51 | 15.86 | 15.20 | 0.753 times |
| 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 |
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 |
| 11 Tue Jun 2024 | 15.45 | 15.85 | 16.03 | 15.27 | 0.269 times |
| 31 Fri May 2024 | 15.80 | 22.00 | 23.05 | 15.20 | 1.67 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 |
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 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 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 BUY signal for Myers Industries in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 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 15.68 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 is giving positive 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.
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 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 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 BUY signal for Myers Industries in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 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 15.68 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 is giving positive 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.