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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Montrose Environmental Group, Inc. (NYSE:MEG)
Countertrend Up (+85) - MEG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MEG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MEG
The long-term trend has been UP since Feb 12th, 2024 at 33.9516
The intermediate-term trend has been UP since May 3rd, 2024 at 45.6500
The short-term trend has been DOWN since May 8th, 2024 at 43.9300
Smart Scan Analysis for MEG
Based on our trend formula, MEG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.370 | 46.590 | 40.475 | 43.305 | -4.265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.270 | 694926 | 2024-05-08 15:59:36 |
| 52wk High | 47.94 | 52wk High Date | 2024-05-07 |
| 52wk Low | 21.96 | 52wk Low Date | 2023-10-27 |
| Average Volume | 430,880 | Shares Outstanding | 30,381 |
| Assets | 816,786,000M | Liabilities | 342,606,000M |
| P/E Ratio | -8.49380000 |