Technical Analysis for MYO - Myomo Inc.

Grade Last Price % Change Price Change
F 3.08 -4.05% -0.13
MYO closed down 4.05 percent on Monday, July 1, 2024, on 1.34 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -4.05%
Crossed Above 200 DMA Bullish -4.05%
Stochastic Buy Signal Bullish -4.05%
Pocket Pivot Bullish Swing Setup -4.05%
Oversold Stochastic Weakness -4.05%
NR7 Range Contraction 1.99%
Narrow Range Bar Range Contraction 1.99%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
Outside Day about 10 hours ago
Slingshot Bearish Entry about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago
Down 1 ATR about 10 hours ago

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Profile

Myomo Inc. Description

Myomo, Inc. is a commercial stage medical robotics Company that offers expanded mobility for those suffering from neurological disorders and upper limb paralysis. Based on patented technology developed at MIT and the Company, Myomo develops and markets the MyoPro® product line of lightweight, non-invasive, powered arm braces to restore function in the paralyzed or weakened arms and hands of individuals that have suffered a stroke, spinal cord or nerve injury such as brachial plexus injury, or other neuromuscular disability such as amyotrophic lateral sclerosis (ALS) or multiple sclerosis (MS). It is provided through clinical relationships with VA medical centers, leading rehabilitation hospitals, and Orthotics and Prosthetics (“O&P”) practices. Several hundred have been successfully used by patients. It is the only device that, sensing a patient’s own neurological signals through non-invasive sensors on the arm, can restore their ability to use their arms and hands so that they can return to work, live independently and reduce their cost of care. Myomo is headquartered in Cambridge, Massachusetts, with sales and clinical professionals across the U.S. For more information, please visit www.myomo.com.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Organ Systems Disability Robotics Neurological Disorders Stroke Multiple Sclerosis Amyotrophic Lateral Sclerosis Prosthetics Nerve Urological Disorders Orthopedics Podiatry Spinal Cord Skeletal System Neurotrauma

Is MYO 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 5.5799
52 Week Low 0.4988
Average Volume 228,625
200-Day Moving Average 3.10
50-Day Moving Average 3.50
20-Day Moving Average 3.31
10-Day Moving Average 3.14
Average True Range 0.20
RSI (14) 41.18
ADX 16.03
+DI 18.58
-DI 24.65
Chandelier Exit (Long, 3 ATRs) 3.16
Chandelier Exit (Short, 3 ATRs) 3.55
Upper Bollinger Bands 3.71
Lower Bollinger Band 2.91
Percent B (%b) 0.21
BandWidth 23.97
MACD Line -0.13
MACD Signal Line -0.10
MACD Histogram -0.0244
Fundamentals Value
Market Cap 85.84 Million
Num Shares 27.9 Million
EPS -0.49
Price-to-Earnings (P/E) Ratio -6.29
Price-to-Sales 5.49
Price-to-Book 9.30
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.57
Resistance 3 (R3) 3.58 3.43 3.49
Resistance 2 (R2) 3.43 3.30 3.42 3.46
Resistance 1 (R1) 3.25 3.23 3.18 3.24 3.43
Pivot Point 3.10 3.10 3.06 3.10 3.10
Support 1 (S1) 2.93 2.98 2.85 2.92 2.73
Support 2 (S2) 2.78 2.90 2.77 2.70
Support 3 (S3) 2.60 2.78 2.67
Support 4 (S4) 2.59