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Stock Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

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.

NASDAQ_MEGEF
Open High Low MEGEF Price Change
5.290 5.300 5.185 5.185 -0.115
Entry Signal

MarketClub’s Trade Triangles for MEGEF

long term up The long-term trend has been UP since Dec 9th, 2020 at 2.84

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 4.96

short term up The short-term trend has been UP since Mar 26th, 2021 at 5.39

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).

-55
Smart Scan Analysis for MEGEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.290 5.300 5.185 5.185 -0.115
Prev. Close Volume Bid Ask Time
5.185 5295 2021-04-09 15:43:00
Year High9.1029Year High Date2018-10-01
Year Low3.3826Year Low Date2018-03-28
52wk High6.4452wk High Date2021-03-08
52wk Low1.4552wk Low Date2020-04-20
Year End Close31.21Average Volume85,049
Shares Outstanding191,304Assets728,800,000M
Liabilities378,100,000MVolatility45.69
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