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Myeco Group Ltd

MCO.AX•ASX
Consumer Cyclical
Packaging & Containers
$0.03
$0.003(13.64%)
Australian Market opens in 55h 22m

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:Bullish (RSI: 65.35)
Trend Strength:Strong (ADX: 36.56)
Support/Resistance:$0.01 – $0.02 (Bollinger Bands)

This mix signals that Myeco Group Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.35

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 27.67

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 83.33

Strongly Bullish
Strong upside momentum.

Takeaway:Myeco Group Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 36.56

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 123.26

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Myeco Group Ltd shows a neutral trend, with weak conviction and limited volatility.

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

Takeaway:Myeco Group Ltd trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.02
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 Volume38.44M
Money Flow Index88.02Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index31.40Bearish, price momentum favors sellers.

Overall Takeaway:MCO.AX shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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.

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