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Stock Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Meg Energy Corp (TSE:MEG)
Weak Downtrend (-65) - MEG is showing signs of a strengthening downtrend. Monitor MEG as it may be building momentum to the downside.
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 29th, 2024 at 28.235
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 30.700
The short-term trend has been DOWN since Apr 30th, 2024 at 31.380
Smart Scan Analysis for MEG
Based on our trend formula, MEG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.86 | 31.05 | 30.42 | 30.77 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.77 | 1231703 | 2024-05-03 15:59:48 |
| Year High | 11.7 | Year High Date | 2018-10-01 |
| Year Low | 4.28 | Year Low Date | 2018-03-28 |
| 52wk High | 11.7 | 52wk High Date | 2018-10-01 |
| 52wk Low | 4.28 | 52wk Low Date | 2018-03-28 |
| Year End Close | 30.44 | Average Volume | 1,543,136 |
| Volatility | 54.3 |
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