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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Mynaric AG (NASDAQ:MYNA)

Sidelines Mode (+55) - MYNA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MYNA?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYNA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MYNA
Open High Low MYNA Price Change
5.440 5.720 5.145 5.575 +0.065
Entry Signal

MarketClub’s Trade Triangles for MYNA

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 4.31

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 4.86

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 5.26

Smart Scan Analysis for MYNA

Based on our trend formula, MYNA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MYNA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.440 5.720 5.145 5.575 +0.065
Prev. Close Volume Bid Ask Time
5.510 2564 2024-04-19 15:51:37
52wk High7.652wk High Date2023-05-08
52wk Low3.0152wk Low Date2023-10-20
Average Volume10,622
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