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Myers Industries, Inc.

MYE•NYSE
Consumer Cyclical
Packaging & Containers
$22.28
$0.29(1.32%)
U.S. Market opens in 21h 49m

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 Bullish (RSI: 53.95)
Trend Strength:Weak (ADX: 17.95)
Volatility:Medium (ATR: 0.96)
Support/Resistance:$19.62 – $23.69 (Bollinger Bands)

Overall, Myers Industries, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.82

Neutral
Mid-range signal with no clear trend.

Williams %R: -45.75

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 12.31

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.95

Weak
Weak trend, market trading sideways.

ATR (14): 0.96

Low
Low volatility, stable price action.

CCI (14): 0.93

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.69
Middle Band (SMA 20)
$21.65
Lower Band
$19.62
Current Position
Within Bands

Takeaway:Myers Industries, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$23.78
Middle Line (EMA 20)
$21.86
Lower Channel
$19.94
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 Volume554.90K
Money Flow Index65.63Bullish, inflows support continued momentum.
Relative Vigor Index47.21Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MYE shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 Myers Industries, Inc. are mixed, suggesting a Hold or wait-and-see approach.

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