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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

MEG ENERGY CORP (NASDAQ:MEGEF)

Strong Uptrend (+100) - MEGEF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MEGEF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
8.820 9.054 8.810 8.990 +0.110
Entry Signal

MarketClub’s Trade Triangles for MEGEF

long term up The long-term trend has been UP since Oct 1st, 2021 at 7.90

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 7.18

short term up The short-term trend has been UP since Oct 15th, 2021 at 8.74

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).

+100
Smart Scan Analysis for MEGEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.820 9.054 8.810 8.990 +0.110
Prev. Close Volume Bid Ask Time
8.880 32580 2021-10-20 12:13:00
Year High9.1029Year High Date2018-10-01
Year Low3.3826Year Low Date2018-03-28
52wk High9.1252wk High Date2021-10-19
52wk Low1.61352wk Low Date2020-10-29
Year End Close31.21Average Volume44,872
Shares Outstanding191,304Assets731,300,000M
Liabilities382,200,000MVolatility45.69
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