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Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Meg Energy Corp (TSE:MEG)
Bull Market Weakness (+75) - MEG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MEG as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MEG
The long-term trend has been UP since Dec 4th, 2020 at 4.02
The intermediate-term trend has been UP since Aug 27th, 2021 at 8.16
The short-term trend has been DOWN since Oct 27th, 2021 at 11.30
Smart Scan Analysis for MEG
Based on our trend formula, MEG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.50 | 11.61 | 11.11 | 11.12 | -0.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.12 | 1131779 | 2021-10-27 16:15:16 |
| Year High | 11.7 | Year High Date | 2018-10-01 |
| Year Low | 4.28 | Year Low Date | 2018-03-28 |
| 52wk High | 11.7 | 52wk High Date | 2018-10-01 |
| 52wk Low | 4.28 | 52wk Low Date | 2018-03-28 |
| Year End Close | 30.44 | Average Volume | 1,543,136 |
| Volatility | 54.3 |