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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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.

NASDAQ_MYRG
Open High Low MYRG Price Change
143.06 143.72 141.18 142.03 -0.45
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 up The intermediate-term trend has been UP since Jul 11th, 2024 at 142.29

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 145.06

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).

-55
Smart Scan Analysis for MYRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.06 143.72 141.18 142.03 -0.45
Prev. Close Volume Bid Ask Time
141.86 82491 2024-07-19 15:59:33
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 Volume174,645
Shares Outstanding16,765Short Interest356,281
% Institutional86.5Market Cap519M
Assets158,349,000MLiabilities919,770,000M
P/E Ratio27.666Beta1.37
Volatility34.57
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