


Technical Sentiment Analysis for MYR Group Inc (MYRG) As of 2026-05-08, MYR Group Inc (MYRG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MYRG stands at 70.843, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 39.872, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.384 and the Commodity Channel Index (CCI) at 91.604 further confirm a 98.58 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MYRG is trading above its 60-day moving average of $306.684 and above its 200-day long-term moving average of $241.039. Key price levels to watch include the immediate resistance at $480.233 and strong support at $334.578. A break above $480.233 could signal a bull continuation, while falling below $334.578 may test the next Fibonacci floor at $259.332.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 188.923 | 259.332 | 334.578 | 404.987 | 480.233 | 550.642 | 625.888 |
| Fibonacci | 259.332 | 314.972 | 349.346 | 404.987 | 460.627 | 495.001 | 550.642 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 70.843 |
| STOCHk_14_3_3 | 76.384 |
| STOCHd_14_3_3 | 84.407 |
| CCI_20 | 91.604 |
| AO_5_34 | 115.532 |
| MOM_10 | 98.58 |
| MACD_12_26_9 | 39.872 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 448.97 | Sell |
| MA_10 | 409.825 | Buy |
| MA_20 | 369.087 | Buy |
| MA_60 | 306.684 | Buy |
| MA_200 | 241.039 | Buy |
| MA_250 | 227.296 | Buy |