(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)
Showing technical analysis as on 2024-03-14 View latest technical analysis
10 day averaged volume of is 286400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 38.48 | 39.20 | 39.48 | 37.72 | 0.898 times |
| 13 Wed Mar 2024 | 39.63 | 40.15 | 40.50 | 38.91 | 0.732 times |
| 12 Tue Mar 2024 | 40.46 | 41.08 | 41.32 | 39.70 | 1.375 times |
| 11 Mon Mar 2024 | 41.33 | 37.99 | 41.77 | 37.80 | 1.512 times |
| 08 Fri Mar 2024 | 37.47 | 37.72 | 38.09 | 36.98 | 0.527 times |
| 07 Thu Mar 2024 | 37.03 | 36.61 | 37.41 | 36.61 | 0.66 times |
| 06 Wed Mar 2024 | 36.09 | 36.60 | 37.03 | 36.01 | 0.535 times |
| 05 Tue Mar 2024 | 36.10 | 37.30 | 37.64 | 36.08 | 0.489 times |
| 04 Mon Mar 2024 | 37.82 | 38.45 | 38.61 | 37.80 | 0.755 times |
| 01 Fri Mar 2024 | 38.02 | 42.44 | 42.72 | 37.55 | 1.191 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.1 as stoploss in an intra day sell trade for a target of 36.05. However, stock will show a bullish move above 39.1.
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 | 31.41 |
| Downside Target | 32.75 |
| Downside Target | 33.74 |
| Downside Target | 35.50 |
| Downside Target | 37.72 |
| Upside Target | 38.61 |
| Upside Target | 41.77 |
| Upside Target | 42.15 |
| Upside Target | 42.72 |
Intraday share price targets for (MEG)
| Target Type | Value |
| Downside Intraday Target | 36.88 |
| Downside Intraday Target | 35.27 |
| Upside Intraday Target | 40.93 |
| Upside Intraday Target | 43.37 |
| Upside Intraday Target | 39.32 |
Weekly technical analysis of (MEG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 38.48 | 37.99 | 41.77 | 37.72 | 1.523 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 |
| 23 Fri Feb 2024 | 32.29 | 32.97 | 33.74 | 31.75 | 0.641 times |
| 16 Fri Feb 2024 | 33.68 | 33.65 | 35.50 | 31.41 | 0.949 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (MEG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 38.48 | 42.44 | 42.72 | 36.01 | 0.775 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.81 and (MEG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.81 and (MEG) stock is trading below this level. This means that stock is falling with high volumes. 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.