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Stock Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

MYR Group, Inc. (NASDAQ:MYRG)

Countertrend Up (+85) - MYRG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
97.77 99.73 96.05 99.22 +1.11
Entry Signal

MarketClub’s Trade Triangles for MYRG

long term up The long-term trend has been UP since Jul 28th, 2022 at 96.24

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2022 at 90.62

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 97.06

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
97.77 99.73 96.05 99.22 +1.11
Prev. Close Volume Bid Ask Time
99.30 42931 2022-08-17 15:59:49
Year High40.81Year High Date2018-06-07
Year Low28.93Year Low Date2018-05-01
52wk High121.2252wk High Date2021-11-24
52wk Low74.7752wk Low Date2022-05-02
Year End Close22.25Average Volume78,339
Shares Outstanding16,657Short Interest356,281
% Institutional86.5Market Cap519M
Assets126,436,900MLiabilities733,287,000M
P/E Ratio19.9817Beta1.37
Volatility34.57
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