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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 2024-04-16 View latest technical analysis

10 day averaged volume of Myers Industries is 186530

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	21.46	21.20	21.51	20.88	0.979 times
15 Mon Apr 2024	21.38	21.86	21.89	21.32	0.553 times
12 Fri Apr 2024	21.74	21.66	21.78	21.47	0.709 times
11 Thu Apr 2024	21.78	22.00	22.00	21.71	0.57 times
10 Wed Apr 2024	21.92	21.93	22.06	21.59	1.301 times
09 Tue Apr 2024	22.36	22.29	22.53	22.09	0.693 times
08 Mon Apr 2024	22.29	22.33	22.45	22.17	0.771 times
05 Fri Apr 2024	22.22	21.95	22.42	21.94	0.896 times
04 Thu Apr 2024	22.09	22.85	22.85	22.02	1.033 times
03 Wed Apr 2024	22.63	22.53	22.98	22.53	1.738 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.7, but if it comes above 21.7, then a intra day buy could be more profitable.
If you take a sell trade below 21.7, then use 21.7 as stoploss and 20.9 as target. However if you take a buy trade in stock , then use 21.7 as stoploss and 22.3 as target.

Share price targets for Myers Industries (MYE)

Target Type	Value
Downside Target	17.46
Downside Target	18.03
Downside Target	18.87
Downside Target	19.81
Downside Target	20.88
Upside Target	21.47
Upside Target	22.53
Upside Target	22.76
Upside Target	23.22
Upside Target	23.47
Upside Target	23.63

Intraday share price targets for Myers Industries (MYE)

Target Type	Value
Downside Intraday Target	20.93
Downside Intraday Target	20.4
Upside Intraday Target	21.94
Upside Intraday Target	22.42
Downside Intraday Target	21.41

Weekly technical analysis of Myers Industries (MYE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	21.46	21.86	21.89	20.88	0.379 times
12 Fri Apr 2024	21.74	22.33	22.53	21.47	0.612 times
05 Fri Apr 2024	22.22	23.22	23.22	21.94	1.135 times
28 Thu Mar 2024	23.17	23.03	23.47	22.76	0.463 times
22 Fri Mar 2024	23.06	21.11	23.63	20.91	0.541 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
16 Tue Apr 2024	21.46	23.22	23.22	20.88	0.232 times
28 Thu Mar 2024	23.17	19.31	23.63	18.87	3.6 times
29 Thu Feb 2024	19.23	18.82	19.81	18.26	0.577 times
31 Wed Jan 2024	18.75	19.50	19.89	18.03	0.629 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 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 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 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 22.06 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.