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Stock Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.


Strong Downtrend (-100) - MEGEF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MEGEF continues to fall. Traders should use caution and set stops.

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.

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Open High Low MEGEF Price Change
13.1500 13.2800 12.5000 12.5800 -0.5599
Entry Signal

MarketClub’s Trade Triangles for MEGEF

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 12.75

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 16.04

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 12.62

Smart Scan Analysis for MEGEF

Based on our trend formula, MEGEF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MEGEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.1500 13.2800 12.5000 12.5800 -0.5599
Prev. Close Volume Bid Ask Time
13.1399 122645 2022-08-16 15:20:00
Year High9.1029Year High Date2018-10-01
Year Low3.3826Year Low Date2018-03-28
52wk High19.952wk High Date2022-06-08
52wk Low5.2352wk Low Date2021-08-19
Year End Close31.21Average Volume134,857
Shares Outstanding191,304Assets759,300,000M
Liabilities378,500,000MP/E Ratio18.4032
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