Why is MYE Up Today?

MYE
$31.92
▲ +2.01% (+$0.64)
Last updated: Oct 02, 2026 7:38 PM ET

About Myers Industries, Inc.

Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer f...

Sector: PLASTICS PRODUCTS, NEC
Market Cap: $637.84M
Forward P/E: 11.5
52-Week Range: $15.54 - $37.45
Employees: 2,700

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 PLASTICS PRODUCTS, NEC sector moving together
This appears to be a sector-wide move. The PLASTICS PRODUCTS, NEC sector is up 1.9% on average.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PLASTICS PRODUCTS, NEC sector: +1.9%

This appears to be a sector-wide move. Most PLASTICS PRODUCTS, NEC stocks are moving in the same direction.

Market Comparison

MYE is outperforming the market (+1.3% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
MYE
This Stock
+2.01%
vs S&P 500: +1.27%
vs Nasdaq: +0.99%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, MYE is expected to trade between:
$31.28 - $32.88

Key Level to Watch

$33.52 resistance
Watch for continuation above $31.92

🔔 Get MYE Alerts

We'll notify you when MYE's trend changes or a new signal fires.

Last updated: Oct 02, 2026 7:38 PM (-182 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

MYE has moved more than 3.0% up on 23 occasions in the past year.

56.5%
Continuation Rate
13/23 times continued up
+0.36%
Avg Next Day Change
After similar up moves
Last similar move: Sep 16, 2026 (3.3%) → Next day: +2.1%

Frequently Asked Questions

Why is MYE stock up today?

This appears to be a sector-wide move. The PLASTICS PRODUCTS, NEC sector is up 1.9% on average.

Is MYE stock a buy or sell right now?

Based on current analysis, MYE shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the MYE stock price target?

MYE is currently trading at $31.92. Based on today's momentum, the expected short-term range is $31.28 - $32.88. See long-term price prediction →

Will MYE stock continue rising?

Our analysis shows a 45% probability that MYE's move continues in the next 1-3 days. Key level to watch: $33.52 (resistance).

Is MYE stock oversold or overbought?

MYE's RSI (Relative Strength Index) is currently at 52.8. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for MYE stock?

MYE's 10-day momentum indicator is at 0.82. Positive momentum - the stock has mild upward pressure supporting the current trend.

Is MYE outperforming or underperforming the market?

MYE (+2.01%) is currently outperforming the market (+1.3% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for MYE?

MYE's MACD (-0.15) is currently above the signal line (-0.27), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 12.4) is weak.

Is MYE in an uptrend or downtrend?

Based on moving average analysis, MYE is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $31.08, 50-day SMA: $32.36.

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