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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.

TSE_MEG
Open High Low MEG Price Change
11.50 11.61 11.11 11.12 -0.60
Entry Signal

MarketClub’s Trade Triangles for MEG

long term up The long-term trend has been UP since Dec 4th, 2020 at 4.02

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 8.16

short term down 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).

+75
Smart Scan Analysis for MEG
Strong Downtrend Sideways 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 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
Volatility54.3
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