Myr Group Stock Momentum Indicators Ultimate Oscillator

MYRG Stock  USD 147.86  2.40  1.65%   
MYR momentum indicators tool provides the execution environment for running the Ultimate Oscillator indicator and other technical functions against MYR. MYR value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Ultimate Oscillator indicator function is designed to identify and follow existing trends. Momentum indicators of MYR are pattern recognition functions that provide distinct formation on MYR potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify First Period, Second Period and Third Period to execute this model.

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Ultimate Oscillator is a smoothing indicator that uses the weighted average of MYR three different time periods to reduce the effects of volatility and false trends of MYR Group price series.

MYR Technical Analysis Modules

Most technical analysis of MYR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MYR from various momentum indicators to cycle indicators. When you analyze MYR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MYR Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MYR Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of MYR Group based on widely used predictive technical indicators. In general, we focus on analyzing MYR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MYR's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MYR's intrinsic value. In addition to deriving basic predictive indicators for MYR, we also check how macroeconomic factors affect MYR price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.160.17
Price To Sales Ratio0.660.63
Hype
Prediction
LowEstimatedHigh
144.30147.30150.30
Details
Intrinsic
Valuation
LowRealHigh
133.07159.84162.84
Details
Naive
Forecast
LowNextHigh
138.87141.87144.87
Details
5 Analysts
Consensus
LowTargetHigh
147.42162.00179.82
Details

Align your values with your investing style

In addition to having MYR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Social Domain Idea
Social Domain
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Banking Idea
Banking
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Giant Impact Idea
Giant Impact
Invested few shares
Corona Opportunity Idea
Corona Opportunity
Invested few shares
Robots And Drones Idea
Robots And Drones
Sold few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
FinTech Idea
FinTech
Invested over 40 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
2.28
Revenue Per Share
212.925
Quarterly Revenue Growth
(0.06)
Return On Assets
0.022
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.