MYR GROUP INC/DELAWARE (MYRG) Stock Technical Analysis
NASDAQ:MYRG - Nasdaq - US55405W1045 - Common Stock - Currency: USD
Taking everything into account, MYRG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MYRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MYRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MYRG is leading the market.
In the last month MYRG has a been trading in the 115.46 - 167.25 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MYRG did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MYRG is part of the Construction & Engineering industry. There are 51 other stocks in this industry, MYRG did better than 68% of them.
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. There is very little resistance above the current price. There is a support zone below the current price at 164.04, a Stop Loss order could be placed below this zone.
More info and screens
103.44
165.68
We found 2 important support areas.
- Support @109.19 from a trend line in the weekly time frame.
- Support @104.48 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 163.50 to 164.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.37
Mansfield1.99
10 Day High167.26
10 Day Low152.1
20 Day High167.26
20 Day Low115.46
52 Week High168.88
52 Week Low86.6
Performance
1 Week-0.15%
2 Weeks7.29%
1 Month44.82%
3 Month36.14%
6 Month8.61%
12 Month2.97%
2 Year28.67%
3 Year79.07%
5 Year469.42%
10 Year454.22%
15 Year894.85%
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)0.97
RSI(14)76.9
LBB147.36
UBB169.45
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 167.27 | 161.01 | 6.25 (3.74%) | 25.00% |
| An entry @167.26. This is a Buy Stop order right above the 10 day high. | An exit @161.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.25 points, which is 3.74%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MYRG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MYRG (5/21/2025, 12:39:40 PM)
163.4
-0.65 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.4%
1 Week-0.15%
2 Weeks7.29%
1 Month44.82%
3 Month36.14%
6 Month8.61%
12 Month2.97%
2 Year28.67%
3 Year79.07%
5 Year469.42%
10 Year454.22%
15 Year894.85%
Volatility
ATR(14)6.17
ATR(20)%3.77%
ATR Inc-61.57%
Range Today2.15
ADR(20)5.31
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.37
Mansfield1.99
10 Day High167.26
10 Day Low152.1
20 Day High167.26
20 Day Low115.46
52 Week High168.88
52 Week Low86.6
CS1 End164.04
CR1 StartN/A
Volume & EV
DER(3)0.01%
DER(5)0.41%
Volume45.52K
Volume Incr-5.39%
Vol(5)212.34K
Vol(50)243.09K