MYR GROUP INC/DELAWARE (MYRG)
US55405W1045 - Common Stock
Taking everything into account, MYRG scores 0 out of 10 in our technical rating. MYRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
61% 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. 65% of 41 stocks in the same industry do better.
In the last month MYRG has a been trading in the 141.76 - 181.02 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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 trading in the upper part of its 52 week range, so MYRG is lagging the market slightly.
The technical rating of MYRG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
125.85
170.51
2 important support areas can be observed.
- Support @138.78 from a horizontal line in the daily time frame.
- Support @127.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 159.99 to 165.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @168.82 from a trend 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
CRS39.99
Mansfield-0.89
10 Day High171.1
10 Day Low141.76
20 Day High181.02
20 Day Low141.76
52 Week High181.02
52 Week Low110.87
Performance
1 Week-14.41%
2 Weeks-9.32%
1 Month-19.24%
3 Month-4.9%
6 Month22.99%
12 Month5.92%
2 Year57.1%
3 Year65.35%
5 Year345.71%
10 Year475.22%
15 Year653.51%
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)-1.98
RSI(14)29.5
LBB148.3
UBB175.09
MYR GROUP INC/DELAWARE
NASDAQ:MYRG (5/3/2024, 7:08:03 PM)
143.92
-8.07 (-5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-5.31%
1 Week-14.41%
2 Weeks-9.32%
1 Month-19.24%
3 Month-4.9%
6 Month22.99%
12 Month5.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.62
ATR(20)%4.41%
ATR Inc
Range Today12.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High171.1
10 Day Low141.76
20 Day High181.02
20 Day Low141.76
52 Week High181.02
52 Week Low110.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume250.00K
Volume Incr95.82%
Vol(5)215.22K
Vol(50)148.85K