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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 2024-11-25 View latest technical analysis

10 day averaged volume of Myers Industries is 535430

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	11.29	11.18	11.81	11.14	1.328 times
22 Fri Nov 2024	11.13	11.32	11.40	10.93	1.791 times
21 Thu Nov 2024	11.23	11.75	11.76	11.15	1.2 times
20 Wed Nov 2024	11.70	10.50	11.71	10.35	2.244 times
19 Tue Nov 2024	10.91	11.08	11.09	10.84	0.835 times
18 Mon Nov 2024	11.16	11.69	11.87	11.15	0.811 times
15 Fri Nov 2024	11.70	11.82	11.95	11.69	0.562 times
14 Thu Nov 2024	11.73	12.08	12.15	11.68	0.577 times
13 Wed Nov 2024	12.00	12.22	12.22	11.81	0.57 times
12 Tue Nov 2024	12.18	12.25	12.35	11.97	0.846 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.3, but if it comes above 11.3, then a intra day buy could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.8 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 11.71 as target.

Share price targets for Myers Industries (MYE)

Target Type	Value
Downside Target	10.35
Downside Target	10.77
Downside Target	11.14
Upside Target	11.66
Upside Target	12.37
Upside Target	12.71
Upside Target	12.88
Upside Target	13.15
Upside Target	13.83
Upside Target	15.12
Upside Target	15.24
Upside Target	17.39

Intraday share price targets for Myers Industries (MYE)

Target Type	Value
Downside Intraday Target	11.02
Downside Intraday Target	10.74
Upside Intraday Target	11.69
Upside Intraday Target	12.08
Upside Intraday Target	11.41

Weekly technical analysis of Myers Industries (MYE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	11.29	11.18	11.81	11.14	0.193 times
22 Fri Nov 2024	11.13	11.69	11.87	10.35	2.206 times
15 Fri Nov 2024	11.70	12.26	12.37	11.68	0.674 times
08 Fri Nov 2024	12.10	11.80	12.54	10.77	2.675 times
01 Fri Nov 2024	11.75	12.37	12.71	11.66	1.114 times

Price has moved up 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
25 Mon Nov 2024	11.29	11.92	12.54	10.35	2.267 times
31 Thu Oct 2024	11.78	13.76	13.83	11.77	0.925 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Myers Industries in short term and the sell signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 11.46 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.