Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

MYR Group, Inc. (NASDAQ:MYRG)

Long-Term Downtrend (-90) - MYRG is in a strong downtrend that is likely to continue. While MYRG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
152.4600 155.0000 150.6395 155.0000 +3.1800
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 down The short-term trend has been DOWN since May 14th, 2024 at 153.12

Smart Scan Analysis for MYRG

Based on our trend formula, MYRG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MYRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.4600 155.0000 150.6395 155.0000 +3.1800
Prev. Close Volume Bid Ask Time
154.8200 66764 2024-05-17 15:57:52
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 Volume134,390
Shares Outstanding16,739Short Interest356,281
% Institutional86.5Market Cap519M
Assets158,349,000MLiabilities919,770,000M
P/E Ratio29.4796Beta1.37
Volatility34.57
Get a free daily analysis and signals for MYR Group, Inc. (MYRG) - Request Your Free Report.