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Myers Industries, Inc.

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

Live technical indicators, trading signals, and momentum insights for Myers Industries, Inc..

MYE●NYSE
Consumer CyclicalPackaging & Containers
$23.72
$0.05(0.21%)
U.S. Market opens in 51h 26m
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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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.16)
Trend Strength:Moderate (ADX: 20.27)
Volatility:Medium (ATR: 0.85)
Support/Resistance:$21.49 – $23.97 (Bollinger Bands)

This mix signals that Myers Industries, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.50

Bearish
Overbought levels may trigger pullback.

Williams %R: -17.10

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.35

Strongly Bullish
Strong upside momentum.

Takeaway:Myers Industries, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.27

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.85

Low
Low volatility, stable price action.

CCI (14): 97.25

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.97
Middle Band (SMA 20)
$22.73
Lower Band
$21.49
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$24.38
Middle Line (EMA 20)
$22.67
Lower Channel
$20.97
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume180.50K
Money Flow Index58.46Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.37Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MYE shows balanced money flow with a slight bullish bias.

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.

ADX above 20 → strong underlying trend.

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:Myers Industries, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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