Technical Analysis for MYRG - MYR Group, Inc.

Grade Last Price % Change Price Change
D 155.65 1.34% 2.06
MYRG closed up 1.34 percent on Wednesday, May 8, 2024, on 72 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
Gapped Down Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 1.34%
Lower Bollinger Band Walk Weakness 1.34%
Gapped Up Strength 1.34%
Crossed Above 200 DMA Bullish 2.12%
Lower Bollinger Band Walk Weakness 2.12%
Multiple of Ten Bullish Other 2.12%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 14 hours ago
Up 1% about 14 hours ago
Possible NR7 about 15 hours ago
Bearish 180 Entry about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago

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Profile

MYR Group, Inc. Description

MYR Group Inc., through its subsidiaries, provides electrical construction services. The company operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade, maintenance, and repair services with a focus on construction, maintenance, and repair to customers in the electric utility and the renewable energy industries, such as investor-owned utilities, municipal utilities, cooperatives, private developers, federally-owned utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. This segment's services include the construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems; and storm restoration services in response to hurricane, ice, or other storm related damages. The Commercial and Industrial segment provides services, such as the design, installation, maintenance, and repair of commercial and industrial wiring, and installation of traffic networks, as well as the installation of bridge, roadway, and tunnel lighting. It offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, local governments, and developers primarily in the Arizona and Colorado regional markets. MYR Group Inc. was founded in 1891 and is headquartered in Rolling Meadows, Illinois.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Electromagnetism Electrical Engineering Airport Data Center Distribution Network Construction Services Electric Utility Distribution Systems Electric Power Distribution Power Producer Stadiums General Contractor Storm Electric Power Transmission Energy Industries Maintenance Michels Corporation Monopoly Investor Owned Utilities Manufacturing Plants Municipal Utilities Restoration Services Electrical Safety Overhead Distribution Systems Quanta Services Storm Restoration Services Traffic Networks Underground And Overhead Distribution Systems

Is MYRG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 181.02
52 Week Low 110.87
Average Volume 149,442
200-Day Moving Average 144.37
50-Day Moving Average 164.57
20-Day Moving Average 161.63
10-Day Moving Average 159.36
Average True Range 6.79
RSI (14) 43.82
ADX 19.27
+DI 17.23
-DI 31.31
Chandelier Exit (Long, 3 ATRs) 157.21
Chandelier Exit (Short, 3 ATRs) 162.12
Upper Bollinger Bands 175.70
Lower Bollinger Band 147.56
Percent B (%b) 0.29
BandWidth 17.41
MACD Line -3.36
MACD Signal Line -1.96
MACD Histogram -1.3958
Fundamentals Value
Market Cap 2.6 Billion
Num Shares 16.7 Million
EPS 5.43
Price-to-Earnings (P/E) Ratio 28.66
Price-to-Sales 0.75
Price-to-Book 4.21
PEG Ratio 4.91
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 162.25
Resistance 3 (R3) 161.54 158.63 161.15
Resistance 2 (R2) 158.63 156.95 158.99 160.78
Resistance 1 (R1) 157.14 155.91 157.89 157.85 160.42
Pivot Point 154.23 154.23 154.60 154.59 154.23
Support 1 (S1) 152.74 152.55 153.49 153.45 150.88
Support 2 (S2) 149.83 151.51 150.19 150.52
Support 3 (S3) 148.34 149.83 150.15
Support 4 (S4) 149.05