MYR GROUP INC/DELAWARE (MYRG) Stock Technical Analysis
NASDAQ:MYRG - Nasdaq - US55405W1045 - Common Stock - Currency: USD
Taking everything into account, MYRG scores 1 out of 10 in our technical rating. MYRG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
76% of all other stocks performed better in the past year than MYRG.
MYRG is one of the lesser performing stocks in the Construction & Engineering industry. 60% of 47 stocks in the same industry do better.
In the last month MYRG has a been trading in the 135.09 - 159.65 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MYRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MYRG is lagging the market.
Although the technical rating is bad, MYRG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 141.08, a Stop Loss order could be placed below this zone.
More info and screens
136.01
172.41
We found 2 important support areas.
- A support zone ranging from 140.44 to 141.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @137.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 145.50 to 145.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 152.56 to 153.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 156.76 to 157.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @163.25 from a trend line in the weekly time frame.
- Resistance @170.70 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.41
Mansfield-0.85
10 Day High159.65
10 Day Low135.09
20 Day High159.65
20 Day Low135.09
52 Week High181.02
52 Week Low86.6
Performance
1 Week1.27%
2 Weeks-8.66%
1 Month-8.03%
3 Month-5.09%
6 Month40.84%
12 Month-10.42%
2 Year16.98%
3 Year57.2%
5 Year453.08%
10 Year410.46%
15 Year792.41%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.66
RSI(14)42.87
LBB133.42
UBB159.66
MYR GROUP INC/DELAWARE
NASDAQ:MYRG (2/4/2025, 8:00:01 PM)
After market: 141.09 0 (0%)141.09
-0.35 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.25%
1 Week1.27%
2 Weeks-8.66%
1 Month-8.03%
3 Month-5.09%
6 Month40.84%
12 Month-10.42%
2 Year16.98%
3 Year57.2%
5 Year453.08%
10 Year410.46%
15 Year792.41%
Volatility
ATR(14)6.17
ATR(20)%4.37%
ATR Inc-27.84%
Range Today2.64
ADR(20)5.59
ADR(20)%3.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.41
Mansfield-0.85
10 Day High159.65
10 Day Low135.09
20 Day High159.65
20 Day Low135.09
52 Week High181.02
52 Week Low86.6
CS1 End141.08
CR1 Start145.5
Volume & EV
DER(3)1.01%
DER(5)-0.6%
Volume95.40K
Volume Incr-32.1%
Vol(5)135.28K
Vol(50)179.87K