MYRG:NASDAQMYR Group, Inc. analysis

The moving-average structure behind MYR Group Inc. is bearish at $285.93, with short-term averages lagging the long-term ones. Over a rolling month the price has lost 14.5%. Momentum indicators put RSI at 41.6 (neutral) with MACD reading bullish. Watch $268.30 as support and $298.95 as the nearer resistance level.
Multiples put this in fair territory: 27.2 times earnings against the sector's 27.4. Sell-side targets cluster 44.1% above the current quote. Revenue is growing at 20.1% on a 4.1% profit margin.
Risk comes out at 9 of a possible 10, a high reading. With 30-day volatility of 40.3%, a beta of 1.79 and a maximum drawdown of 45.9%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 3/10.