Technical Analysis for MYRG - MYR Group, Inc.

Grade Last Price % Change Price Change
grade F 27.46 -3.38% -0.96
MYRG closed down 3.38 percent on Friday, August 23, 2019, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MYRG trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bullish Signal Line Cross Bullish -3.38%
Wide Bands Range Expansion -3.38%
Oversold Stochastic Weakness -3.38%
Wide Bands Range Expansion -4.02%
Oversold Stochastic Weakness -4.02%
Wide Bands Range Expansion -2.87%
Oversold Stochastic Weakness -2.87%
1,2,3 Retracement Bearish Bearish Swing Setup -4.65%

Older signals for MYRG ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
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.
Electromagnetism Electrical Engineering Repair Services Electric Power Distribution Electric Power Transmission Michels Corporation Maintenance Electrical Safety Municipal Utilities Monopoly Quanta Services Storm Restoration Services Traffic Networks
Is MYRG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.14
52 Week Low 26.24
Average Volume 59,561
200-Day Moving Average 32.879
50-Day Moving Average 33.8374
20-Day Moving Average 30.126
10-Day Moving Average 28.321
Average True Range 1.1128
ADX 38.84
+DI 13.9002
-DI 34.2837
Chandelier Exit (Long, 3 ATRs ) 34.8016
Chandelier Exit (Short, 3 ATRs ) 30.7184
Upper Bollinger Band 36.2579
Lower Bollinger Band 23.9941
Percent B (%b) 0.28
BandWidth 40.708358
MACD Line -1.8416
MACD Signal Line -1.8466
MACD Histogram 0.005
Fundamentals Value
Market Cap 452.84 Million
Num Shares 16.5 Million
EPS 1.01
Price-to-Earnings (P/E) Ratio 27.19
Price-to-Sales 0.40
Price-to-Book 1.93
PEG Ratio 5.07
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.81
Resistance 3 (R3) 28.93 28.61 28.59
Resistance 2 (R2) 28.61 28.26 28.55 28.51
Resistance 1 (R1) 28.03 28.05 27.87 27.91 28.43
Pivot Point 27.71 27.71 27.63 27.65 27.71
Support 1 (S1) 27.13 27.36 26.97 27.01 26.49
Support 2 (S2) 26.81 27.15 26.75 26.41
Support 3 (S3) 26.23 26.81 26.34
Support 4 (S4) 26.11