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Myomo, Inc.

Myomo, Inc. (MYO) Stock Technical Analysis & Trading Signals

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

MYOAMEX
HealthcareMedical - Devices
$1.28
$0.01(0.78%)
U.S. Market opens in 62h 23m
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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

MYO Technical Analysis Summary

Myomo, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.22)
Trend Strength:Strong (ADX: 38.96)
Volatility:High (ATR: 0.11)
Support/Resistance:$0.70 – $1.28 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 70.22

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 83.48

Bearish
Overbought levels may trigger pullback.

Williams %R: -30.35

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 39.55

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.96

Strong
Strong trend, momentum well established.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): 198.94

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.28
Middle Band (SMA 20)
$0.99
Lower Band
$0.70
Current Position
Within Bands

Takeaway:Myomo, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1.24
Middle Line (EMA 20)
$1.03
Lower Channel
$0.82
Squeeze Status
No Squeeze

Takeaway:Myomo, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume2.29M
Money Flow Index79.52Bullish, inflows support continued momentum.
Relative Vigor Index52.69Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MYO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Myomo, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Myomo, 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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