MYTE Stock Price Prediction

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Overview
Forecast
Valuation

Should I Buy MYT Netherlands Parent BV Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. MYTE has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

MYTE stock price ended at $8.45 on Thursday, after rising 6.56%

The MYT Netherlands Parent BV stock price increased by 6.56% on the last trading day (Thursday Apr 2025), rising from 7.9 to 8.45. Throughout the last trading session, the stock experienced a fluctuation of 7.68% , ranging from a day low of $7.875 to a day high of 8.48. The price has declined in 5 of the last 10 days, resulting in a total change of 5.76% during this period. On the last day, trading volume decrease by -215.54K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 142.09K shares were traded, amounting to approximately 1.16M.

MYTE Technical Signals

MYTE(MYT Netherlands Parent BV Corp) has 2 buy signals and 6 sell signals now. The current trend is uptrend starting from 2025-04-07. The total price change during this trend is +28.81%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of MYTE over the last 5 trading days is 1.18M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.

MYTE Moving Average Analysis

MYT Netherlands Parent BV's overall moving average trend leans more bullish as of Friday, April 25, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $8.62, and $9.08. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $7.12, and $6.66. A break-down below any of these levels will issue sell signals.

MYTE Short Selling Analysis

The short sale ratio of MYT Netherlands Parent BV(MYTE) as of 23 Apr 2025 is 43.82%, rising from last trading day. With increasing price from 7.65 to 7.93. The short sell activity indicate that short sellers may be anticipating a price reversion.

Technical Signal

Technical Signals Summary

Strong sell

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

2 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

0.46

Bullish

Closing price

close > fibonacci_R1

8.45

Bullish

6 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

142.5

Bearish

Awesome Oscillator (5, 34)

AO_5_34 < 0

-0.18

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.15

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

95.23

Bearish

Williams %R (14 days)

WILLR_14 > -20

-1.3

Bearish

MYTE Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to MYT Netherlands Parent BV(MYTE), our algorithm predicts MYTE's 1-month price at $9.12, with an 18.47%upwardshift. Using a similarity score up to 96.31%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for MYT Netherlands Parent BV (MYTE.N) stock, as of Sunday, April 20, 2025 , forecasts a 18.47% change over the next month, based on its high correlation with TUSK.O stock patterns. The similarity between their price movements over the analyzed periods is 96.31%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

MYTE

Future prediction

Up: 18.47%

TUSK

Up: 18.47%Similarity: 96.31%

Name

Similarity

Up/Down

TUSK.O

96.31%

+18.47%

STC.N

95.77%

+2.84%

SKYE.O

95.42%

-25.92%

EBS.N

95.39%

-2.41%

CLNN.O

95.39%

+17.23%

MG.N

95.10%

-4.76%

HHH.N

95.04%

+8.59%

CTRE.N

95.01%

+78.86%

APPF.O

94.83%

+32.41%

SGMA.O

94.83%

+18.10%

MYTE Seasonality Analysis

Based on MYTE's historical stock price data across all years, the probability of a positive return in April is60.00%, suggesting it maybe an ideal month to invest in MYTE. In contrast,Novemberoffers the highest probability of positive returns at75.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying MYT Netherlands Parent BV (MYTE.N) stock in November has the highest probability of a positive return (75.00%), while March has the lowest probability (0.00%).

Performance Seasonality

The chart shows MYT Netherlands Parent BV. (MYTE)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.