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MYR Group Inc.

MYRG Technical Analysis Summary (NASDAQ)

Analyze MYRG on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MYRG●NASDAQ
IndustrialsEngineering & Construction
$334.39
$7.11(2.17%)
U.S. Market opens in 47h 6m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MYRG Technical Analysis Summary (NASDAQ)

MYR Group Inc. (NASDAQ: MYRG) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.84)
Trend Strength:Very Strong (ADX: 43.82)
Volatility:High (ATR: 19.56)
Support/Resistance:$293.43 – $408.30 (Bollinger Bands)

Technical conditions suggest MYR Group Inc. on the NASDAQ is awaiting a decisive move. Overall, MYR Group Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 35.84

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.69

Bearish
Momentum remains weak below midpoint.

Williams %R: -60.11

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.38

Strongly Bearish
Sharp downside momentum.

Takeaway:MYR Group Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -23.29

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 43.82

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 19.56

Rising
Rising volatility, market activity increasing.

CCI (14): -63.82

Bearish
Bearish, momentum remains under pressure.

Takeaway:MYR Group Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$408.30
Middle Band (SMA 20)
$350.86
Lower Band
$293.43
Current Position
Within Bands

Takeaway:MYR Group Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$391.67
Middle Line (EMA 20)
$352.55
Lower Channel
$313.43
Squeeze Status
No Squeeze

Takeaway:MYR Group Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.21M
Money Flow Index43.41Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MYRG shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of MYR Group Inc. (NASDAQ: MYRG), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:MYR Group Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: MYRG) Technical Analysis FAQ