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(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 2024-10-24 View latest technical analysis

10 day averaged volume of Myers Industries is 180230

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	12.45	12.44	12.49	12.27	0.765 times
23 Wed Oct 2024	12.46	12.49	12.64	12.29	0.78 times
22 Tue Oct 2024	12.61	12.95	13.00	12.57	0.975 times
21 Mon Oct 2024	13.03	13.10	13.16	12.94	1.45 times
18 Fri Oct 2024	13.08	13.34	13.34	13.07	0.897 times
17 Thu Oct 2024	13.28	13.08	13.33	12.96	1.015 times
16 Wed Oct 2024	13.10	12.90	13.25	12.83	0.889 times
15 Tue Oct 2024	12.75	12.92	13.17	12.74	0.863 times
14 Mon Oct 2024	12.99	12.95	13.03	12.81	0.817 times
11 Fri Oct 2024	12.95	12.69	12.99	12.69	0.805 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.5, but if it comes above 12.5, then a intra day buy could be more profitable.
If you take a sell trade below 12.5, then use 12.5 as stoploss and 12 as target. However if you take a buy trade in stock , then use 12.5 as stoploss and 12.91 as target.

Share price targets for Myers Industries (MYE)

Target Type	Value
Downside Target	12.21
Upside Target	12.74
Upside Target	13.34
Upside Target	13.66
Upside Target	13.83
Upside Target	13.91
Upside Target	14.42
Upside Target	15.12
Upside Target	15.24
Upside Target	16.03
Upside Target	17.39

Intraday share price targets for Myers Industries (MYE)

Target Type	Value
Downside Intraday Target	12.09
Downside Intraday Target	11.74
Upside Intraday Target	12.98
Upside Intraday Target	13.52
Upside Intraday Target	12.63

Weekly technical analysis of Myers Industries (MYE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	12.45	13.10	13.16	12.27	0.886 times
18 Fri Oct 2024	13.08	12.95	13.34	12.74	0.878 times
11 Fri Oct 2024	12.95	12.65	12.99	12.21	1.059 times
04 Fri Oct 2024	12.61	13.84	13.91	12.36	0.958 times
27 Fri Sep 2024	13.90	14.25	14.42	13.66	0.652 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 Thu Oct 2024	12.45	13.76	13.83	12.21	0.73 times
30 Mon Sep 2024	13.82	15.12	15.12	12.88	0.756 times
30 Fri Aug 2024	15.29	16.35	17.39	13.15	1.054 times
31 Wed Jul 2024	14.90	13.38	15.24	12.47	0.759 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 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 SELL. Signal strength is Strong and stock is losing 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 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 but selling 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 12.89 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.