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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks Showing Improved Relative Strength: MYR Group

The Relative Strength (RS) Rating for MYR Group moved up into a higher percentile Monday, as it got a lift from 67 to 72.

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if MYR Group can continue to rebound and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

MYR Group is not currently showing a potential buy point. See if the stock goes on to form a base that could launch a new move.

Earnings growth decreased last quarter from 0% to -49%. But revenue moved higher, from -7% to -5%. Keep an eye out for the company's next round of numbers on or around Mar. 5.

MYR Group holds the No. 11 rank among its peers in the Building-Maintenance & Services industry group. EMCOR Group, Frontdoor and IES Holdings are among the top 5 highly rated stocks within the group.

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How Relative Strength Line Can Help You Judge A Stock

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