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Myers Industries, Inc.

MYE Technical Analysis Summary (NYSE)

Analyze MYE on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MYE●NYSE
Consumer CyclicalPackaging & Containers
$33.53
$0.02(0.06%)
U.S. Market opens in 49h 30m

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 (NYSE)

Myers Industries, Inc. (NYSE: MYE) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.73)
Trend Strength:Strong (ADX: 30.57)
Volatility:Medium (ATR: 1.23)
Support/Resistance:$31.19 – $36.26 (Bollinger Bands)

Technical conditions suggest Myers Industries, Inc. on the NYSE is awaiting a decisive move. This mix signals that Myers Industries, Inc. is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 55.73

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 26.47

Bearish
Momentum remains weak below midpoint.

Williams %R: -70.48

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.37

Strongly Bearish
Sharp downside momentum.

Takeaway:Myers Industries, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.52

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.57

Strong
Strong trend, momentum well established.

ATR (14): 1.23

Low
Low volatility, stable price action.

CCI (14): -16.64

Neutral
Neutral, no strong directional signal.

Takeaway:Myers Industries, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$36.26
Middle Band (SMA 20)
$33.72
Lower Band
$31.19
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$35.54
Middle Line (EMA 20)
$33.09
Lower Channel
$30.64
Squeeze Status
No Squeeze

Takeaway:Myers Industries, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.01M
Money Flow Index49.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.50Neutral 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. (NYSE: MYE), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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.

(NYSE: MYE) Technical Analysis FAQ