Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
MYT Netherlands Parent B.V. American Depositary Shares, each representing one Ordinary Share (NYSE:MYTE)
Countertrend Down (-85) - MYTE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MYTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYTE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYTE
The long-term trend has been DOWN since Oct 21st, 2022 at 9.220
The intermediate-term trend has been DOWN since Apr 19th, 2023 at 6.370
The short-term trend has been UP since May 30th, 2023 at 4.225
Smart Scan Analysis for MYTE
Based on our trend formula, MYTE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.9||52wk High Date||2022-08-16|
|52wk Low||3.75||52wk Low Date||2023-05-17|