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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

MYR Group, Inc. (NASDAQ:MYRG)

Countertrend Down (-85) - MYRG 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 MYRG?

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

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

NASDAQ_MYRG
Open High Low MYRG Price Change
155.61 155.61 154.50 154.50 -1.15
Entry Signal

MarketClub’s Trade Triangles for MYRG

long term down The long-term trend has been DOWN since May 2nd, 2024 at 144.00

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 166.01

short term up The short-term trend has been UP since May 7th, 2024 at 155.99

Smart Scan Analysis for MYRG

Based on our trend formula, MYRG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MYRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.61 155.61 154.50 154.50 -1.15
Prev. Close Volume Bid Ask Time
155.65 506 2024-05-09 09:30:00
Year High40.81Year High Date2018-06-07
Year Low28.93Year Low Date2018-05-01
52wk High181.0252wk High Date2024-04-08
52wk Low110.8752wk Low Date2023-10-30
Year End Close22.25Average Volume142,118
Shares Outstanding16,739Short Interest356,281
% Institutional86.5Market Cap519M
Assets158,349,000MLiabilities919,770,000M
P/E Ratio30.2233Beta1.37
Volatility34.57
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