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

Myx
+ Share

Myx is in a short term downtrend with the closing price @$0.865
Exponential Moving Average /
Myx is in a short term downtrend with the closing price @$0.865

[BEARISH]: Myx 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 -0.6%.

Myx was difficult to move upward due to high volume in recent trading [Bullish]
Ease of Movement /
Myx was difficult to move upward due to high volume in recent trading [Bullish]

MYX: EOM Current Signal -> (1) 21 Jun: BULLISH HARD (2) 20 Jun: BEARISH HARD (3) 19 Jun: BEARISH HARD

Accumulation / Distribution /
Myx: Current trading activity signals accumulation is present

MYX: ADLINE Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

On Balance Volume /
Myx is being actively accumulated based on OBV

[BULLISH]: Myx current price has highlighted recent accumulation. Currently, the OBV is 4.57529e+007.

Demarks Pivot Points /
Myx: Look for a long limit order entry @$0.8713

Myx has broken the first DeMark resistance point ($0.8713) [Bullish]. Look for a long limit order entry near this point. Exit price for MYX should be set @$0.883 & Stoploss for Myx should be set at $0.843

MACD Volume /
Negative momentum on the Volume MACD histogram for MYX is maintained & supports a bearish move is likely

[BEARISH]: Myx currently has negative Volume MACD of -960322. This means the signal line is less than the Volume MACD line signalling a bearish movement.

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Opening Price /
Myx: Daily opening performance is 4.7 % [Uptrend]

MYX: OPEN Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Buyers have continued to increase in eagerness for MYX adding strength to an uptrend in the first timeframe.
Range Tod Vs Range Yest /
Buyers have continued to increase in eagerness for MYX adding strength to an uptrend in the first timeframe.

[BULLISH]: Myx buyers are increasingly eager. There has been 2 consecutive days of range increase for MYX adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1700 & the greatest daily price range this year has been $0.3250. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.5x.

The current price is still gaining momentum through a rise for MYX on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for MYX on the short term EMA.

MYX: PPO Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

Medium Trend /
[Uptrend]: The second timeframe trend for Myx remains intact

[BULLISH]: Myx is in an uptrend in the medium term timeframe. The current rally number is 17 & the highest rally count for the LTM is 46. The highest rally for the month is 14

Elder Ray Index /
[Buying Pressure]: ERI has increased for Myx during the last trading session

[BULLISH]: Myx Elder Ray Index is signalling a Bullish movementERI is 0.035 indicating bull power. Prices are being driven above the consensus of value for MYX during the last trading session [Buying Pressure]

Close Reversal /
A short term Close Reversal has formed with Myx

[BEARISH]: A short term Close Reversal has formed with Myx which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 2 occurrences of this bar reversal giving a signal probability of 0.8%.

Price continues to trade below the Simple Moving Average(5) for MYX
Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for MYX

MYX: SMA(5) Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Myx has initiated a positive volume rate of change of 39
Volume Rate of Change /
Myx has initiated a positive volume rate of change of 39

[BULLISH CROSSOVER]: Myx currently has positive volume of change of 39%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6%.

Black Candle /
MYX Basic Candle: Black

[BEARISH]: Myx has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Percentage Volume /
Percentage volume oscillator remains positive for MYX

[BULLISH]: Myx currently has positive PVO 3.25%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 6.7%.

Elders Force Index /
Elders Force Index (85243) has signalled bullish conditions in recent trading for MYX

[BULLISH]: Myx current price has highlighted recent buying pressure. Currently, the Elders Force Index is 85243.

Recent trading for Myx fell short of the previous close by -0.6 %
Closing Price /
Recent trading for Myx fell short of the previous close by -0.6 %

[BEARISH]: Myx current downtrend in the first timeframe. Currently, the Close is $0.865.

Myx: DVI(51482)
Daily Volume Index /
Myx: DVI(51482)

[BULLISH]: Myx current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 51482.

The TMA trend following signal is still current for Myx [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Myx [Bearish]

[BEARISH]: Myx currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.6%.

Momentum /
Negative momentum for Myx is a leading indicator for continued price falls

MYX: MOM Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH CROSSOVER (3) 19 Jun: BEARISH CROSSOVER

Price Range /
Volatile price performance from MYX has seen a range of 0.04 [Uptrend]

[BULLISH]: Myx current uptrend in the first timeframe. Currently, the Range is $0.04.

Detrended Price Oscillator /
[Uptrend]: Price for Myx is currently above the displaced moving average

MYX: DPO Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

Bear Belt-Hold /
Myx: Bear Belt-Hold

[BEARISH]: Myx has formed a new Bear Belt-Hold reversal pattern.

Sine Weighted Moving Average(5) signal continues for Myx indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Myx indicating downward price movement is likely

MYX: SWMA Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

[Bullish]: New volume high has formed for MYX by 37.7 during the last trading session
Volume /
[Bullish]: New volume high has formed for MYX by 37.7 during the last trading session

[BULLISH]: Myx current volume uptrend in the first timeframe. Volume for MYX is 6.1795e+006 (37.7).

Moving Average Envelope /
Overbought signal for the Upper Envelope band is still current for Myx

[BEARISH]: Myx current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 0.861.

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