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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.

10 day averaged volume of Myers Industries is 104710

Date Daily Closing Price Open High Low Volume
04 Thu Mar 2021 21.62 22.59 22.66 21.21 1.876 times
03 Wed Mar 2021 22.58 22.62 23.00 22.40 0.901 times
02 Tue Mar 2021 22.45 22.93 23.00 22.44 0.917 times
02 Tue Mar 2021 22.45 22.93 23.00 22.44 0.917 times
01 Mon Mar 2021 23.00 22.56 23.06 22.36 0.809 times
26 Fri Feb 2021 22.14 22.61 22.61 21.81 1.453 times
25 Thu Feb 2021 22.49 22.83 23.15 22.40 0.874 times
24 Wed Feb 2021 22.92 22.20 22.97 22.04 1.298 times
23 Tue Feb 2021 22.19 22.48 22.48 21.51 1.383 times
22 Mon Feb 2021 22.11 21.77 22.23 21.77 0.775 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.8, but if it comes above 21.8, then a intra day buy could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 22.18 as target.

Share price targets for Myers Industries (MYE)

Target Type Value
Downside Target 14.54
Downside Target 17.15
Downside Target 18.50
Downside Target 19.91
Downside Target 20.87
Upside Target 22.36
Upside Target 22.74
Upside Target 22.80
Upside Target 23.00
Upside Target 23.06
Upside Target 23.15

Intraday share price targets for Myers Industries (MYE)

Target Type Value
Downside Intraday Target 20.89
Downside Intraday Target 20.15
Upside Intraday Target 22.68
Upside Intraday Target 23.73
Upside Intraday Target 21.94

Weekly technical analysis of Myers Industries (MYE)

Date Weekly Closing Price Open High Low Volume
04 Thu Mar 2021 21.62 22.93 23.00 21.21 2.14 times
02 Tue Mar 2021 22.45 22.56 23.06 22.36 0.298 times
26 Fri Feb 2021 22.14 21.77 23.15 21.51 1.974 times
19 Fri Feb 2021 21.88 22.37 22.42 21.26 0.59 times
12 Fri Feb 2021 22.17 21.48 22.74 21.40 1.092 times

Price has moved down 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
04 Thu Mar 2021 21.62 22.56 23.06 21.21 0.297 times
26 Fri Feb 2021 22.14 20.19 23.15 19.91 0.539 times
29 Fri Jan 2021 20.05 21.16 22.80 19.96 0.92 times
31 Thu Dec 2020 20.78 17.21 20.87 17.15 1.416 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 30, 28 Sell
MACD 1, 1Sell
Stochastics 51None
CCI -126Sell
RSI 50Sell
OBV 55400Sell
VWAP 22Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in or above 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 22.32 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.

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