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Myeco Group Ltd

MCO.AX•ASX
Consumer Cyclical
Packaging & Containers
$0.01
$-0.00(-8.33%)
Australian Market opens in 49h 4m

Myeco Group Ltd (MCO.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Myeco Group Ltd (ASX:MCO.AX).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MCO.AX Technical Analysis Summary

Myeco Group Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.14)
Trend Strength:Moderate (ADX: 24.96)
Support/Resistance:$0.01 – $0.02 (Bollinger Bands)

Overall, Myeco Group Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -21.43

Strongly Bearish
Sharp downside momentum.

Takeaway:Myeco Group Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 24.96

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -93.67

Bearish
Bearish, momentum remains under pressure.

Takeaway:Myeco Group Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.02
Middle Band (SMA 20)
$0.01
Lower Band
$0.01
Current Position
Within Bands

Takeaway:Myeco Group Ltd trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
$0.01
Squeeze Status
No Squeeze

Takeaway:Myeco Group Ltd trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume5.40M
Money Flow Index29.99Bearish, selling pressure outweighs inflows.
Relative Vigor Index22.41Bearish, price momentum favors sellers.

Overall Takeaway:MCO.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Myeco Group Ltd, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Myeco Group Ltd are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ