MYR GROUP INC/DELAWARE (MYRG)

US55405W1045 - Common Stock

153.3  -1.21 (-0.78%)

After market: 153.3 0 (0%)

Technical Rating and Analysis

8

Overall MYRG gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MYRG is showing a nice and steady performance.

In the last month MYRG has a been trading in the 147.11 - 168.88 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MYRG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MYRG is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that MYRG is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MYRG is part of the Construction & Engineering industry. There are 45 other stocks in this industry, MYRG did better than 63% of them.
Weekly and Daily overview Charts
MYRG Weekly chart
MYRG Daily chart
Setup Rating and Analysis

5

MYRG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

141.55

172.41

2 important support areas can be observed.

  • A support zone ranging from 153.29 to 153.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 142.98 to 143.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 166.32 to 170.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.57
Mansfield-0.15
10 Day High168.88
10 Day Low150.98
20 Day High168.88
20 Day Low147.11
52 Week High181.02
52 Week Low86.6
Performance
1 Week-7.42%
2 Weeks-7.82%
1 Month3.68%
3 Month50.8%
6 Month9.41%
12 Month5.73%
2 Year66.5%
3 Year38.67%
5 Year370.39%
10 Year459.49%
15 Year748.37%
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)-2.47
RSI(14)47.84
LBB152.18
UBB172.35
MYRG Daily chart

MYR GROUP INC/DELAWARE

NASDAQ:MYRG (12/20/2024, 8:26:24 PM)

After market: 153.3 0 (0%)

153.3

-1.21 (-0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.78%
1 Week-7.42%
2 Weeks-7.82%
1 Month3.68%
3 Month50.8%
6 Month9.41%
12 Month5.73%
2 Year66.5%
3 Year38.67%
5 Year370.39%
10 Year459.49%
15 Year748.37%
Volatility
ATR(14)6.18
ATR(20)%3.93%
ATR Inc-16.75%
Range Today4.36
ADR(20)5.74
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.57
Mansfield-0.15
10 Day High168.88
10 Day Low150.98
20 Day High168.88
20 Day Low147.11
52 Week High181.02
52 Week Low86.6
CS1 End153.29
CR1 Start166.32
Volume & EV
DER(3)0.52%
DER(5)1.56%
Volume634.20K
Volume Incr25.91%
Vol(5)223.30K
Vol(50)223.56K