Technical analysis from Myob (MYO.AX, ASX:MYO.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Myob
+ Share

Selling pressure for Myob has become oversold during trading session
Money Flow Index /
Selling pressure for Myob has become oversold during trading session

[BEARISH CROSSOVER]: Myob current price has driven MFI to become overbought signalling the start of bearish trading conditions. Currently, the MFI is 19.74. During the quarter, the highest MFI value was 71.07. The last overbought signal occurred on Nov 10 2017

Drawdown for Myob is currently high signalling high stress
Ulcer Index /
Drawdown for Myob is currently high signalling high stress

[BULLISH]: Myob UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.013.

Close Tod Vs Close Yest /
The biggest downward movement for Myob this month has been -1.8

MYO: Recent performance signals ->(1) 19 Jun: NEUTRAL (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

MACD /
The MACD continues to rise above the signal line for MYO [Bullish]

[BULLISH]: Myob currently has positive MACD of 0.0051. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -1.1%.

Ease of Movement /
Trading session closed lower on high volume for Myob [Bearish]

[BEARISH]: Myob current price have moved downwards on high volume. Currently, the Ease of Movement is -0.017

Daily Volume Index /
Myob: Confirmation of stock distribution

[BEARISH]: Myob current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -28864.

Top companies for
Australian Stock Exchange
Advertisment
Long Trend /
MYO: Long term trend is still an Uptrend

[BULLISH]: Myob has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 24 2018.

Exponential Moving Average(5) signal is confirmed for Myob indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Myob indicating downward price movement is likely

[BEARISH]: Myob currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.1%.

Signal line is still below the EMA for Myob producing negative momentum
Percentage Price /
Signal line is still below the EMA for Myob producing negative momentum

MYO: PPO Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

Closing Price /
Close for MYO has not surpassed the close of the previous trading session

[BEARISH]: Myob current downtrend in the first timeframe. Currently, the Close is $2.79.

Fibonacci Retracements /
[Short]: Limit orders for Myob should be set at $3.3

Myob has moved below the 61.8% retracement level ($3.3) [Bearish]. Look for a short limit order entry near this point. Exit price for MYO should be set @$2.665 & short position stoploss for Myob should be set between $2.8

Sine Weighted Moving Average /
The SWMA trend following signal is now active for Myob [Bearish]

MYO: SWMA Current Signal -> (1) 19 Jun: BEARISH CROSSOVER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH CROSSOVER

[Bullish]: Opening performance for MYO of 0.4 % was achieved in last trading session
Opening Price /
[Bullish]: Opening performance for MYO of 0.4 % was achieved in last trading session

[BULLISH]: Myob opening price has gapped up. Currently, the OPEN is $2.84 (0.4 %).

The WMA trend following signal is now active for Myob [Bearish]
Weighted Moving Average /
The WMA trend following signal is now active for Myob [Bearish]

MYO: WMA Current Signal -> (1) 19 Jun: BEARISH CROSSOVER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH CROSSOVER

On Balance Volume /
Traders are currently Distributing Myob

[BEARISH]: Myob current price has highlighted recent distribution. Currently, the OBV is -1.19978e+007.

Percentage Volume /
Positive momentum on volume for MYO is maintained & supports a bullish move is likely

MYO: PVO Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH CROSSOVER (3) 15 Jun: BULLISH CROSSOVER

Chaikin Money Flow /
Myob continues negative divergence & potential shift in direction

[BEARISH]: Myob current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.11. MYO received a confirmed CMF crossover days on the May 2 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.63 occurring on the May 2 2018.

14-day volume rate of change is increasing for Myob
Volume Rate of Change /
14-day volume rate of change is increasing for Myob

[BULLISH]: Myob currently has positive volume of change of 142%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.1%.

Recent trading highlights continued selling pressure is present for MYO
Elders Force Index /
Recent trading highlights continued selling pressure is present for MYO

MYO: Elders Force Index Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

Trend continuation likely for MYO from increased trading activity
Bill Williams Market Facilitation /
Trend continuation likely for MYO from increased trading activity

Myob Currently is a confirmed Green Day. Both MFI & volume are down for MYO. Trend continuation likely for MYO from increased trading activity.

Demarks Pivot Points /
Limit order for a long position has been identified for Myob [Bullish]

Myob has broken the first DeMark resistance point ($2.8000) [Bullish]. Look for a long limit order entry near this point. Exit price for MYO should be set @$2.825 & Stoploss for Myob should be set at $2.74

Low Price /
Recent trading for MYO has failed to beaten the previous low by -0.7 % [Downtrend]

[BULLISH]: Myob current downtrend in the first timeframe. Currently, the Low is $2.775 (-0.7 %).

Average True Range /
Daily bar has confirmed has confirmed an ATR uptrend is intact for MYO

[Bullish]: Average True Range has confirmed an uptrend is present. Myob has a TR of 0.085, and an ATR(14) of 0.072.

Simple Moving Average /
The SMA trend following signal is now active for Myob [Bearish]

MYO: SMA(5) Current Signal -> (1) 19 Jun: BEARISH CROSSOVER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH CROSSOVER

Oversold signal has just been triggered for Myob
Moving Average Envelope /
Oversold signal has just been triggered for Myob

[BULLISH CROSSOVER]: Myob current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 2.8025.

MYO: Short term trend has confirmed a reaction day
Coles Reaction Day /
MYO: Short term trend has confirmed a reaction day

Myob: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for MYO

Detrended Price Oscillator /
Bearish trading conditions for Myob has been signalled from the DPO (-0.2985)

MYO: DPO Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

See More   See more results
Advertisment
Advertisment
back to top