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MEG Energy (TSE:MEG)
TSX:MEG

MEG Energy (MEG) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
13Bullish
2Neutral
7Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
MEG Energy’s (MEG) Moving Averages Convergence Divergence (MACD) indicator is 0.02, suggesting MEG Energy is a Sell.
MEG Energy’s (MEG) 20-Day exponential moving average is 28.98, while MEG Energy’s (MEG) share price is C$28.85, making it a Buy.
MEG Energy’s (MEG) 50-Day exponential moving average is 29.30, while MEG Energy’s (MEG) share price is C$28.85, making it a Buy.

MEG Energy (MEG) Pivot Points

Jul 05, 2024, 07:22 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
28.88
29.15
29.34
29.61
29.80
30.07
30.26
Fibonacci
29.15
29.33
29.43
29.61
29.79
29.89
30.07
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

Jul 05, 2024, 07:22 PM
Period
Simple
Exponential
MA5
29.46Buy
29.44Buy
MA10
29.01Buy
29.14Buy
MA20
28.60Buy
28.98Buy
MA50
29.71Sell
29.30Buy
MA100
29.72Sell
28.97Buy
MA200
27.48Buy
27.44Buy
MEG Energy’s (MEG) 10-Day exponential moving average is 29.14, while MEG Energy’s (MEG) share price is C$28.85, making it a Buy.
MEG Energy’s (MEG) 100-Day exponential moving average is 28.97, while MEG Energy’s (MEG) share price is C$28.85, making it a Buy.
MEG Energy’s (MEG) stock price is C$28.85 and MEG Energy’s (MEG) 50-day simple moving average is 29.71, creating a Sell signal.
MEG Energy’s (MEG) stock price is C$28.85 and MEG Energy’s (MEG) 100-day simple moving average is 29.72, creating a Sell signal.
MEG Energy’s (MEG) stock price is C$28.85 and MEG Energy’s (MEG) 200-day simple moving average is 27.48, creating a Buy signal.

MEG Energy (MEG) Technical Indicators

Jul 05, 2024, 07:22 PM
Name
Value
Implied Action
RSI (14)
58.61
Neutral
STOCH (9,6)
89.40
Sell
STOCHRSI (14)
90.22
Sell
MACD (12,26)
0.02
Sell
ADX (14)
16.04
Buy
Williams %R
-8.11
Sell
CCI (14)
148.90
Sell
ATR (14)
0.64
-
Ultimate Oscillator
56.07
Neutral
ROC
6.95
Buy
MEG Energy’s (MEG) Relative Strength Index (RSI) is 58.61, creating a Neutral signal.
MEG Energy’s (MEG) Trend Strength Indicator (ADX) is 16.04, creating a Buy signal.
MEG Energy’s (MEG) Commodity Channel Index (CCI) is 148.90, creating a Sell signal.
MEG Energy’s (MEG) Price Rate of Change (ROC) is 6.95, creating a Buy signal.

FAQ

Is MEG a Buy, Hold, or Sell?
Based on MEG’s technical indicators, MEG is a Buy.
    What is MEG’s RSI (14)?
    MEG’s RSI (14) is 58.61, which suggests MEG is a Neutral.
      What is MEG’s MACD?
      MEG’s MACD is 0.02, which suggests MEG is a Sell.
        What is MEG’s 5-day moving average?
        MEG’s 5-day moving average is 29.46, which suggests MEG is a Buy.
          What is MEG’s 20-day moving average?
          MEG 20-day moving average is 28.60, which suggests MEG is a Buy.
            What is MEG’s 50-day moving average?
            MEG’s 50-day moving average is 29.71, which suggests MEG is a Sell.
              What is MEG’s 200-day moving average?
              MEG’s 200-day moving average is 27.48, which suggests MEG is a Buy.
                What is MEG’s Williams % R (14)?
                MEG’s Williams % R (14) is -8.11, which suggests MEG is a Sell.
                  What is MEG’s CCI (14)?
                  MEG’s CCI (14) is 148.90, which suggests MEG is a Sell.
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