Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Meg Energy Corp (TSE:MEG)

Sidelines Mode (-55) - MEG 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 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.

Open High Low MEG Price Change
25.03 25.50 24.69 24.98 -0.50
Entry Signal

MarketClub’s Trade Triangles for MEG

long term up The long-term trend has been UP since Oct 26th, 2022 at 19.98

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 26.51

short term up The short-term trend has been UP since Nov 30th, 2023 at 26.05

Smart Scan Analysis for MEG

Based on our trend formula, MEG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MEG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.03 25.50 24.69 24.98 -0.50
Prev. Close Volume Bid Ask Time
25.48 1667030 2023-12-04 15:15:00
Year High11.7Year High Date2018-10-01
Year Low4.28Year Low Date2018-03-28
52wk High11.752wk High Date2018-10-01
52wk Low4.2852wk Low Date2018-03-28
Year End Close30.44Average Volume1,543,136
Get a free daily analysis and signals for Meg Energy Corp (MEG) - Request Your Free Report.