Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

MYR Group, Inc. (NASDAQ:MYRG)

Crossroads (-60) - MYRG is struggling to move into a solid trend. Beware of choppy markets 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
137.330 137.390 133.845 134.870 -1.320
Entry Signal

MarketClub’s Trade Triangles for MYRG

long term up The long-term trend has been UP since Jan 10th, 2023 at 97.800

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2023 at 140.420

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 134.825

Smart Scan Analysis for MYRG

Based on our trend formula, MYRG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MYRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.330 137.390 133.845 134.870 -1.320
Prev. Close Volume Bid Ask Time
136.190 83023 2023-09-29 15:59:59
Year High40.81Year High Date2018-06-07
Year Low28.93Year Low Date2018-05-01
52wk High156.6352wk High Date2023-07-18
52wk Low76.9752wk Low Date2022-10-27
Year End Close22.25Average Volume103,768
Shares Outstanding16,710Short Interest356,281
% Institutional86.5Market Cap519M
Assets136,023,700MLiabilities782,672,000M
P/E Ratio26.8091Beta1.37
Volatility34.57
Get a free daily analysis and signals for MYR Group, Inc. (MYRG) - Request Your Free Report.