MYR Group's 15min chart triggers KDJ Golden Cross, bullish Marubozu pattern.

MYR Group's 15-minute chart has recently exhibited a KDJ Golden Cross, accompanied by a Bullish Marubozu formation at 08/13/2025 12:15. This indicates a shift in the momentum of the stock price towards an upward trajectory, with potential for further growth. The presence of buyers dominating the market suggests that bullish momentum is likely to persist.

MYR Group's 15-minute chart has recently exhibited a KDJ Golden Cross, accompanied by a Bullish Marubozu formation at 08/13/2025 12:15. This technical indicator suggests a shift in the momentum of the stock price towards an upward trajectory, with potential for further growth. The presence of buyers dominating the market indicates that bullish momentum is likely to persist.

The KDJ Golden Cross, a technical indicator, signals a potential reversal in price trends when the K-line crosses above the J-line. This bullish signal is often accompanied by strong buying pressure, as indicated by the absence of wicks on the candles, forming a Bullish Marubozu pattern. The combination of these indicators suggests that MYR Group's stock price may continue to rise, with buyers dominating the market [1].

Analysts have also expressed positive sentiments towards MYR Group. Over the past three months, six analysts have released ratings for MYR Group, presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish |
|---------|------------------|-------------|-------------------|---------|
| 1 | 2 | 3 | 0 | 0 |
| 0 | 0 | 1 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 |

Analysts have set 12-month price targets for MYR Group, revealing an average target of $191.0, a high estimate of $211.00, and a low estimate of $153.00. This upward trend is evident, with the current average reflecting a 14.37% increase from the previous average price target of $167.00.

MYR Group's second-quarter 2025 results showed positive financial performance. Revenue exceeded analyst estimates by 7.7%, and earnings per share (EPS) also surpassed estimates by 15%. Looking ahead, revenue is forecast to grow 6.7% per annum on average during the next 3 years, compared to an 8.8% growth forecast for the Construction industry in the US.

Investors should closely monitor MYR Group's financial announcements and earnings reports to assess the company's performance and potential impact on the stock price. MYR Group's strong financial performance and positive analyst sentiment suggest that the stock is well-positioned for continued bullish momentum in the near term.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/46975011/assessing-myr-group-insights-from-6-financial-analysts
[2] https://finance.yahoo.com/news/myr-group-second-quarter-2025-133112874.html