The 10-day moving average for MYRG crossed bullishly above the 50-day moving average on December 04, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MYRG's RSI Indicator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 10, 2023. You may want to consider a long position or call options on MYRG as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MYRG just turned positive on November 10, 2023. Looking at past instances where MYRG's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
MYRG moved above its 50-day moving average on December 01, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MYRG advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 265 cases where MYRG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for MYRG moved below the 200-day moving average on November 13, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MYRG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MYRG broke above its upper Bollinger Band on November 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MYRG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.304) is normal, around the industry mean (3.117). P/E Ratio (22.727) is within average values for comparable stocks, (34.686). MYRG's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.248). MYRG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.035). P/S Ratio (0.593) is also within normal values, averaging (2.271).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of electrical and mechanical construction services
A.I.dvisor indicates that over the last year, MYRG has been loosely correlated with PWR. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if MYRG jumps, then PWR could also see price increases.
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