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MYRCNH

Check the daily chart of MYRCNH. The closing price of 2023-02-01 was NA 1.571 per share.

MYRCNH Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MYRCNH Daily Moving Averages ChartMYRCNH Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of MYRCNH:

    MYRCNH Daily Moving Average Convergence/Divergence (MACD) ChartMYRCNH Daily Moving Average Convergence/Divergence (MACD) Chart
    1.3 Directional Movement Index (DMI)

    The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

    The ADX helps you determine the strength of a trend. Let's take a look of the ADX of MYRCNH:

    • The ADX is .
    • The ADX is declining, there is no upcoming trend indication. -1
    • The +DI crossed the -DI to the downside. The trend is reversing to a down trend. -1
    MYRCNH Daily Directional Movement Index (DMI) ChartMYRCNH Daily Directional Movement Index (DMI) Chart
    1.4 Parabolic SAR

    Shows the current trend and potential entry and exit signals.

    • Parabolic SAR (stop and reverse) is a lagging trend indicator.
    • Shows the current trend.
    • Shows potential entry signals.
    • Shows  potential exit signals.
    • Can be used to place trailing stoplosses..
  • The Parabolic SAR is lower than the price. The current trend is up. +2
  • MYRCNH Daily Parabolic SAR ChartMYRCNH Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    • The RSI is below 30 and oversold. +2
    MYRCNH Daily Relative Strength Index (RSI) ChartMYRCNH Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    MYRCNH Daily Stochastic Oscillator ChartMYRCNH Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    MYRCNH Daily Commodity Channel Index (CCI) ChartMYRCNH Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    MYRCNH Daily Chande Momentum Oscillator (CMO) ChartMYRCNH Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    MYRCNH Daily Williams %R ChartMYRCNH Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    MYRCNH Daily Bollinger Bands ChartMYRCNH Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    MYRCNH Daily Average True Range (ATR) ChartMYRCNH Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    MYRCNH Daily On-Balance Volume (OBV) ChartMYRCNH Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    MYRCNH Daily Money Flow Index (MFI) ChartMYRCNH Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for MYRCNH.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-25CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2023-01-27CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2023-01-29CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2023-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside

    5.2. Technical Score

    Let's check the technical score of MYRCNH based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    OpenGreater thanClose1.585
    Total1/1 (100.0%)

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