Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$30.82
$0.66(2.10%)
U.S. Market is Open · 13:21

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 neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.16)
Trend Strength:Weak (ADX: 12.35)
Volatility:Medium (ATR: 1.01)
Support/Resistance:$29.75 – $32.32 (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 in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 69.19

Bullish
Buying momentum building without extremes.

Williams %R: -33.54

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.59

Bullish
Steady upward momentum.

Takeaway:Myers Industries, Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.35

Weak
Weak trend, market trading sideways.

ATR (14): 1.01

Low
Low volatility, stable price action.

CCI (14): 37.73

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$32.32
Middle Band (SMA 20)
$31.03
Lower Band
$29.75
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$33.43
Middle Line (EMA 20)
$31.41
Lower Channel
$29.39
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 Volume-195.91K
Money Flow Index41.64Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.49Neutral 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

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

Bearish Signals

No significant bearish signals detected.

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

(NYSE: MYE) Technical Analysis FAQ