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MEG Energy Corp (TSE:MEG)
:MEG
Canadian Market
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MEG Energy (MEG) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
5Bullish
4Neutral
13Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
MEG Energy Corp’s (MEG) Moving Averages Convergence Divergence (MACD) indicator is -0.09, suggesting MEG Energy Corp is a Sell.
MEG Energy Corp’s (MEG) 20-Day exponential moving average is 23.86, while MEG Energy Corp’s (MEG) share price is C$23.6, making it a Sell.
MEG Energy Corp’s (MEG) 50-Day exponential moving average is 24.32, while MEG Energy Corp’s (MEG) share price is C$23.6, making it a Sell.

MEG Energy (MEG) Pivot Points

Jan 20, 2025, 07:44 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
22.03
22.53
22.88
23.38
23.73
24.23
24.58
Fibonacci
22.53
22.85
23.06
23.38
23.70
23.91
24.23
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

MEG Energy (MEG) Moving Averages

Jan 20, 2025, 07:44 AM
Period
Simple
Exponential
MA5
23.65Sell
23.72Sell
MA10
24.11Sell
23.83Sell
MA20
23.58Buy
23.86Sell
MA50
24.45Sell
24.32Sell
MA100
25.08Sell
25.11Sell
MA200
27.11Sell
26.44Sell
MEG Energy Corp’s (MEG) 10-Day exponential moving average is 23.83, while MEG Energy Corp’s (MEG) share price is C$23.6, making it a Sell.
MEG Energy Corp’s (MEG) 100-Day exponential moving average is 25.11, while MEG Energy Corp’s (MEG) share price is C$23.6, making it a Sell.
MEG Energy Corp’s (MEG) stock price is C$23.6 and MEG Energy Corp’s (MEG) 50-day simple moving average is 24.45, creating a Sell signal.
MEG Energy Corp’s (MEG) stock price is C$23.6 and MEG Energy Corp’s (MEG) 100-day simple moving average is 25.08, creating a Sell signal.
MEG Energy Corp’s (MEG) stock price is C$23.6 and MEG Energy Corp’s (MEG) 200-day simple moving average is 27.11, creating a Sell signal.

MEG Energy (MEG) Technical Indicators

Jan 20, 2025, 07:44 AM
Name
Value
Implied Action
RSI (14)
47.00
Neutral
STOCH (9,6)
18.99
Buy
STOCHRSI (14)
26.87
Neutral
MACD (12,26)
-0.09
Sell
ADX (14)
17.28
Buy
Williams %R
-75.08
Buy
CCI (14)
-22.33
Neutral
ATR (14)
0.80
-
Ultimate Oscillator
40.49
Neutral
ROC
2.43
Buy
MEG Energy Corp’s (MEG) Relative Strength Index (RSI) is 47.00, creating a Neutral signal.
MEG Energy Corp’s (MEG) Trend Strength Indicator (ADX) is 17.28, creating a Buy signal.
MEG Energy Corp’s (MEG) Commodity Channel Index (CCI) is -22.33, creating a Neutral signal.
MEG Energy Corp’s (MEG) Price Rate of Change (ROC) is 2.43, creating a Buy signal.

FAQ

Is MEG a Buy, Hold, or Sell?
Based on MEG’s technical indicators, MEG is a Sell.
    What is MEG’s RSI (14)?
    MEG’s RSI (14) is 47.00, which suggests MEG is a Neutral.
      What is MEG’s MACD?
      MEG’s MACD is -0.09, which suggests MEG is a Sell.
        What is MEG’s 5-day moving average?
        MEG’s 5-day moving average is 23.65, which suggests MEG is a Sell.
          What is MEG’s 20-day moving average?
          MEG 20-day moving average is 23.58, which suggests MEG is a Buy.
            What is MEG’s 50-day moving average?
            MEG’s 50-day moving average is 24.45, which suggests MEG is a Sell.
              What is MEG’s 200-day moving average?
              MEG’s 200-day moving average is 27.11, which suggests MEG is a Sell.
                What is MEG’s Williams % R (14)?
                MEG’s Williams % R (14) is -75.08, which suggests MEG is a Buy.
                  What is MEG’s CCI (14)?
                  MEG’s CCI (14) is -22.33, which suggests MEG is a Neutral.
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