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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 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
16.45 18.03 16.06 17.89 +1.43
Entry Signal

MarketClub’s Trade Triangles for MEG

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 35.6000

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 22.1318

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 20.4500

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
16.45 18.03 16.06 17.89 +1.43
Prev. Close Volume Bid Ask Time
17.94 1367990 2024-11-20 15:59:30
52wk High49.9752wk High Date2024-05-21
52wk Low16.2652wk Low Date2024-11-19
Average Volume630,575Shares Outstanding34,301
Assets100,689,300MLiabilities464,774,000M
P/E Ratio-8.49380000
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