Why is MYE Up Today?

MYE
$28.55
▲ +2.07% (+$0.59)
Last updated: Nov 11, 2026 8:30 PM ET (415 min ago)

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: $16.66 - $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 1.2% on average.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

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

📍 Sector Context

PLASTICS PRODUCTS, NEC sector: +1.2%

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 (+0.8% vs SPY)
S&P 500
SPY
+1.32%
Nasdaq 100
QQQ
+2.31%
MYE
This Stock
+2.07%
vs S&P 500: +0.75%
vs Nasdaq: -0.24%

📊 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:
$27.98 - $29.41

Key Level to Watch

$29.98 resistance
Watch for continuation above $28.55

🔔 Get MYE Alerts

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

Last updated: Nov 11, 2026 8:30 PM (415 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

MYE has moved more than 3.0% up on 24 occasions in the past year.

58.3%
Continuation Rate
14/24 times continued up
+0.46%
Avg Next Day Change
After similar up moves
Last similar move: Nov 09, 2026 (4.8%) → Next day: -1.0%

Frequently Asked Questions

Why is MYE stock up today?

This appears to be a sector-wide move. The PLASTICS PRODUCTS, NEC sector is up 1.2% 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 $28.55. Based on today's momentum, the expected short-term range is $27.98 - $29.41. 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: $29.98 (resistance).

Is MYE stock oversold or overbought?

MYE's RSI (Relative Strength Index) is currently at 42.6. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for MYE stock?

MYE's 10-day momentum indicator is at -3.46. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is MYE outperforming or underperforming the market?

MYE (+2.07%) is currently outperforming the market (+0.8% vs SPY). Today, the S&P 500 (SPY) is up 1.32%, and Nasdaq (QQQ) is up 2.31%.

What does MACD indicate for MYE?

MYE's MACD (-0.97) is currently below the signal line (-0.73), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 26.4) is strong.

Is MYE in an uptrend or downtrend?

Based on moving average analysis, MYE is in a bearish trend. The price ($28.55) is trading below both the 20-day SMA ($30.24) and 50-day SMA ($30.7). This alignment typically indicates sustained downward pressure.

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