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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Meg Energy Corp (TSE:MEG)
Sidelines Mode (+55) - MEG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jan 15th, 2024 at 24.600
The short-term trend has been DOWN since Apr 11th, 2024 at 32.740
Smart Scan Analysis for MEG
Based on our trend formula, MEG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.39 | 31.75 | 31.09 | 31.12 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.16 | 1549062 | 2024-04-19 15:59:36 |
| 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 |