MYR GROUP INC stock forecast: down to 118.18 USD MYRG stock price prognosis
Forecast for Thu 18 May 2023 price
MYR GROUP INC stock price forecast for further price development down to -3.32% (time horizon: 1 day) and price target of 118.18 USD. Short-term (time horizon: 2 weeks) MYR GROUP INC share price prediction for 2023-05-18 with daily closed price projections
On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 60.76/100
Good financial position.
Historical view, profit is growing.
Company revenue is growing faster compared with the industry.
Stock price is above book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for MYR GROUP INC can provide the information where the market is moving based on price information.
MYR GROUP INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns MYR GROUP INC.
On-Balance Volume information for MYR GROUP INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for MYR GROUP INC. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for MYR GROUP INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for MYR GROUP INC. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for MYR GROUP INC. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for MYR GROUP INC. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for MYR GROUP INC. RSI is a momentum oscillator that measures the speed and change of price development.
The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period.
Primary usage of the indicator is to identify overbought or oversold signals.
When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30
Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio
The forecast (dashed curve) of the share price performance is based on historical data.
Our forecast model is based on mathematical, statistical methods.
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which are exclusively based on the prices of these securities in the past.
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that may be relevant for future security price flows. Investments require additional considerations.
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or the tax implications an investment may have for the investor. Although we believe that
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with the help of past performance, such developments are subject to a multitude of different influences.
and therefore not really predictable.
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