Technical Analysis for MYE - Myers Industries, Inc.

Grade Last Price % Change Price Change
F 11.44 -2.22% -0.26
MYE closed up 7.24 percent on Wednesday, November 20, 2024, on 4.56 times normal volume. The bears made the stock sink to a new 52-week low.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish -2.22%
Pocket Pivot Bullish Swing Setup -2.22%
Volume Surge Other -2.22%
Wide Range Bar Range Expansion -2.22%
Lower Bollinger Band Walk Weakness -2.22%
New 52 Week Low Weakness -2.22%
Outside Day Range Expansion -2.22%
Gapped Down Weakness -2.22%
Lower Bollinger Band Touch Weakness -2.22%
New 52 Week Closing Low Bearish 4.86%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown 31 minutes ago
Down 3% 31 minutes ago
Down 2 % about 1 hour ago
Down 1% about 1 hour ago
Rose Above Previous Day's High about 1 hour ago

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Profile

Myers Industries, Inc. Description

Myers Industries, Inc. engages in the manufacture and sale of polymer products for industrial, agricultural, automotive, commercial, and consumer markets worldwide. The company's Material Handling segment provides plastic reusable material handling containers, pallets, and bins, as well as metal shelving, cabinet, and racking systems primarily under the Buckhorn and Akro-Mils brand names for automotive, appliance, general industrial/manufacturing, retail distribution, agriculture, food processing, healthcare, bakery, electronics, textiles, consumer, and other markets. Its Lawn and Garden segment offers injection-molded and thermoformed pots, hanging baskets, flats and carry trays, plug trays, nursery containers, propagation sheets, decorative resin planters, window boxes, urns, specialty and plastic patio pots, seed starting kits, and other garden accessories, as well as watering cans and other related items. This segment markets its products to professional growers, greenhouses, nurseries, retail garden centers, mass merchandisers, and consumers under the brand names of Dillen, ITML, Pro Cal, Listo, Planters' Pride, and Akro-Mils Lawn & Garden. The company's Engineered Products segment provides plastic and rubber original equipment and replacement parts, rubber tire repair and retread products, and custom plastic and rubber products for automotive, recreational vehicle, recreational marine, construction and agriculture equipment, healthcare, and transportation markets under the Ameri-Kart, Patch Rubber, and WEK brands. Its Distribution segment distributes equipment, tools, and supplies that are used for tire servicing and automotive undervehicle repair under the Myers Tire Supply and Myers Tire Supply International brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.


Classification

Sector: Consumer Cyclical
Industry: Rubber & Plastics
Keywords: Electronics Textiles Organic Compounds Rubber Food Processing Bakery Engineered Products Tire Greenhouse Retail Distribution Transportation Market Rubber Products Planters Natural Rubber Agriculture Equipment

Is MYE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.1794
52 Week Low 10.35
Average Volume 263,245
200-Day Moving Average 16.00
50-Day Moving Average 12.75
20-Day Moving Average 11.89
10-Day Moving Average 11.77
Average True Range 0.52
RSI (14) 44.44
ADX 29.69
+DI 19.43
-DI 30.21
Chandelier Exit (Long, 3 ATRs) 11.45
Chandelier Exit (Short, 3 ATRs) 11.90
Upper Bollinger Bands 12.70
Lower Bollinger Band 11.09
Percent B (%b) 0.38
BandWidth 13.50
MACD Line -0.36
MACD Signal Line -0.34
MACD Histogram -0.0194
Fundamentals Value
Market Cap 431.01 Million
Num Shares 36.8 Million
EPS 1.34
Price-to-Earnings (P/E) Ratio 8.73
Price-to-Sales 0.85
Price-to-Book 2.51
PEG Ratio 14.87
Dividend 0.54
Dividend Yield 4.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.74
Resistance 3 (R3) 13.52 12.61 13.40
Resistance 2 (R2) 12.61 12.09 12.73 13.29
Resistance 1 (R1) 12.16 11.77 12.39 12.38 13.17
Pivot Point 11.25 11.25 11.37 11.37 11.25
Support 1 (S1) 10.80 10.73 11.03 11.02 10.23
Support 2 (S2) 9.89 10.41 10.01 10.11
Support 3 (S3) 9.44 9.89 10.00
Support 4 (S4) 9.66