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(MEG) complete technical analysis [charts+indicators] | Buy/Sell | (MEG) share price targets

Complete technical analysis of (MEG) by charts plus indicators, forecast predictions and share price targets for (MEG)

10 day averaged volume of is 249440

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 38.37 37.60 38.61 37.60 1.002 times
26 Tue Mar 2024 37.14 38.01 38.12 37.08 0.574 times
25 Mon Mar 2024 37.70 38.11 39.03 37.57 0.555 times
22 Fri Mar 2024 38.11 39.39 39.39 38.11 0.484 times
21 Thu Mar 2024 39.42 39.76 40.00 38.95 0.793 times
20 Wed Mar 2024 38.96 37.82 39.48 37.57 0.667 times
19 Tue Mar 2024 38.21 36.21 38.29 36.20 0.896 times
18 Mon Mar 2024 36.47 37.54 37.54 36.30 0.84 times
15 Fri Mar 2024 37.60 38.11 38.48 37.45 3.319 times
14 Thu Mar 2024 38.48 39.20 39.48 37.72 1.032 times

My analysis of stock is bullish for shortterm, and stock might move up till 39.8 or till 41.6. Use a stoploss of 38.29 and if this stock hits its stoploss, then it can fall down till 36.79

Share price targets for (MEG)

Target Type Value
Downside Target 22.22
Downside Target 25.98
Downside Target 28.92
Downside Target 29.56
Downside Target 31.78
Downside Target 32.75
Downside Target 33.95
Downside Target 36.01
Downside Target 37.08
Upside Target 38.61
Upside Target 40.00
Upside Target 41.77
Upside Target 42.15
Upside Target 42.72

Intraday share price targets for (MEG)

Target Type Value
Downside Intraday Target 37.29
Downside Intraday Target 36.21
Upside Intraday Target 39.24
Upside Intraday Target 40.11
Downside Intraday Target 38.16

Weekly technical analysis of (MEG)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 38.37 38.11 39.03 37.08 0.579 times
22 Fri Mar 2024 38.11 37.54 40.00 36.20 0.433 times
15 Fri Mar 2024 37.60 37.99 41.77 37.45 2.498 times
08 Fri Mar 2024 37.47 38.45 38.61 36.01 0.645 times
01 Fri Mar 2024 38.02 32.09 42.72 31.78 2.839 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of (MEG)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 38.37 42.44 42.72 36.01 1.486 times
29 Thu Feb 2024 41.38 29.56 42.15 29.56 0.747 times
31 Wed Jan 2024 29.21 31.76 32.75 25.98 0.974 times
29 Fri Dec 2023 32.13 31.10 33.95 28.92 0.996 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of (MEG)

Price action analysis of ( (MEG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MEG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (MEG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of ( (MEG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.96 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of ( (MEG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MEG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (MEG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of ( (MEG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.96 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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