Loading...

Myers Industries, Inc.

MYE•NYSE
Consumer Cyclical
Packaging & Containers
$20.42
$-0.19(-0.92%)
U.S. Market is Open • 11:29

Myers Industries, Inc. (MYE) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Myers Industries, Inc. (NYSE:MYE).

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

MYE Technical Analysis Summary

Myers Industries, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.69)
Trend Strength:Weak (ADX: 16.30)
Volatility:Medium (ATR: 0.72)
Support/Resistance:$20.16 – $22.63 (Bollinger Bands)

Technical conditions suggest Myers Industries, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.06

Bearish
Momentum remains weak below midpoint.

Williams %R: -64.08

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.94

Strongly Bearish
Sharp downside momentum.

Takeaway:Myers Industries, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.30

Weak
Weak trend, market trading sideways.

ATR (14): 0.72

Low
Low volatility, stable price action.

CCI (14): -130.85

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Myers Industries, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.63
Middle Band (SMA 20)
$21.40
Lower Band
$20.16
Current Position
Within Bands

Takeaway:Myers Industries, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$22.61
Middle Line (EMA 20)
$21.16
Lower Channel
$19.71
Squeeze Status
Squeeze On

Takeaway:Myers Industries, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume424.57K
Money Flow Index44.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.11Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MYE shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Myers Industries, Inc., here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Myers Industries, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ