
Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
MEG ENERGY CORP (NASDAQ:MEGEF)
Sidelines Mode (+55) - MEGEF 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 MEGEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEGEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
![]() |
|||||||||||||||
|
MarketClub’s Trade Triangles for MEGEF
The long-term trend has been UP since Nov 1st, 2022 at 15.350
The intermediate-term trend has been UP since Sep 1st, 2023 at 18.156
The short-term trend has been DOWN since Sep 19th, 2023 at 19.100
Smart Scan Analysis for MEGEF
Based on our trend formula, MEGEF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
18.5000 | 18.5286 | 18.0300 | 18.1200 | -0.1270 |
Prev. Close | Volume | Bid | Ask | Time |
18.1200 | 16622 | 2023-09-22 15:44:00 |
Year High | 9.1029 | Year High Date | 2018-10-01 |
Year Low | 3.3826 | Year Low Date | 2018-03-28 |
52wk High | 19.5 | 52wk High Date | 2023-09-19 |
52wk Low | 10.103954 | 52wk Low Date | 2022-09-26 |
Year End Close | 31.21 | Average Volume | 98,840 |
Shares Outstanding | 191,304 | Assets | 703,300,000M |
Liabilities | 265,000,000M | P/E Ratio | 8.4516 |
Volatility | 45.69 |