Stock Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
MYR Group, Inc (NASDAQ:MYRG)
Sidelines Mode (+55) - MYRG 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 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.
MarketClub’s Trade Triangles for MYRG
The long-term trend has been UP since Apr 30th, 2020 at 32.85
The intermediate-term trend has been UP since Feb 24th, 2021 at 61.49
The short-term trend has been DOWN since Apr 13th, 2021 at 73.05
Smart Scan Analysis for MYRG
Based on our trend formula, MYRG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||40.81||Year High Date||2018-06-07|
|Year Low||28.93||Year Low Date||2018-05-01|
|52wk High||76.23||52wk High Date||2021-04-07|
|52wk Low||22.22||52wk Low Date||2020-04-16|
|Year End Close||22.25||Average Volume||186,058|
|Shares Outstanding||16,788||Short Interest||356,281|
|% Institutional||86.5||Market Cap||519M|