Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Montrose Environmental Group, Inc. (NYSE:MEG)

Long-Term Downtrend (-90) - MEG is in a strong downtrend that is likely to continue. While MEG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYSE_MEG
Open High Low MEG Price Change
31.57 32.25 30.84 31.72 +0.70
Entry Signal

MarketClub’s Trade Triangles for MEG

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 35.60

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 43.07

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 37.33

Smart Scan Analysis for MEG

Based on our trend formula, MEG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MEG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.57 32.25 30.84 31.72 +0.70
Prev. Close Volume Bid Ask Time
31.02 408901 2024-07-26 15:59:46
52wk High49.9752wk High Date2024-05-21
52wk Low21.9652wk Low Date2023-10-27
Average Volume556,177Shares Outstanding34,081
Assets918,098,000MLiabilities500,698,000M
P/E Ratio-8.49380000
Get a free daily analysis and signals for Montrose Environmental Group, Inc. (MEG) - Request Your Free Report.