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MEG Energy (TSE:MEG)
TSX: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
3Neutral
14Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
MEG Energy’s (MEG) Moving Averages Convergence Divergence (MACD) indicator is -0.12, suggesting MEG Energy is a Buy.
MEG Energy’s (MEG) 20-Day exponential moving average is 23.82, while MEG Energy’s (MEG) share price is C$24.2, making it a Sell.
MEG Energy’s (MEG) 50-Day exponential moving average is 24.21, while MEG Energy’s (MEG) share price is C$24.2, making it a Sell.

MEG Energy (MEG) Pivot Points

Jan 31, 2025, 01:01 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
22.53
22.78
23.04
23.29
23.55
23.80
24.06
Fibonacci
22.78
22.98
23.10
23.29
23.49
23.61
23.80
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 31, 2025, 01:01 AM
Period
Simple
Exponential
MA5
23.62Sell
23.57Sell
MA10
23.81Sell
23.73Sell
MA20
23.99Sell
23.82Sell
MA50
24.13Sell
24.21Sell
MA100
24.91Sell
24.96Sell
MA200
26.81Sell
26.36Sell
MEG Energy’s (MEG) 10-Day exponential moving average is 23.73, while MEG Energy’s (MEG) share price is C$24.2, making it a Sell.
MEG Energy’s (MEG) 100-Day exponential moving average is 24.96, while MEG Energy’s (MEG) share price is C$24.2, making it a Sell.
MEG Energy’s (MEG) stock price is C$24.2 and MEG Energy’s (MEG) 50-day simple moving average is 24.13, creating a Sell signal.
MEG Energy’s (MEG) stock price is C$24.2 and MEG Energy’s (MEG) 100-day simple moving average is 24.91, creating a Sell signal.
MEG Energy’s (MEG) stock price is C$24.2 and MEG Energy’s (MEG) 200-day simple moving average is 26.81, creating a Sell signal.

MEG Energy (MEG) Technical Indicators

Jan 31, 2025, 01:01 AM
Name
Value
Implied Action
RSI (14)
45.45
Neutral
STOCH (9,6)
23.13
Neutral
STOCHRSI (14)
17.36
Buy
MACD (12,26)
-0.12
Buy
ADX (14)
13.72
Buy
Williams %R
-83.86
Buy
CCI (14)
-114.05
Buy
ATR (14)
0.80
-
Ultimate Oscillator
48.93
Neutral
ROC
-3.67
Sell
MEG Energy’s (MEG) Relative Strength Index (RSI) is 45.45, creating a Neutral signal.
MEG Energy’s (MEG) Trend Strength Indicator (ADX) is 13.72, creating a Buy signal.
MEG Energy’s (MEG) Commodity Channel Index (CCI) is -114.05, creating a Buy signal.
MEG Energy’s (MEG) Price Rate of Change (ROC) is -3.67, creating a Sell 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 45.45, which suggests MEG is a Neutral.
      What is MEG’s MACD?
      MEG’s MACD is -0.12, which suggests MEG is a Buy.
        What is MEG’s 5-day moving average?
        MEG’s 5-day moving average is 23.62, which suggests MEG is a Sell.
          What is MEG’s 20-day moving average?
          MEG 20-day moving average is 23.99, which suggests MEG is a Sell.
            What is MEG’s 50-day moving average?
            MEG’s 50-day moving average is 24.13, which suggests MEG is a Sell.
              What is MEG’s 200-day moving average?
              MEG’s 200-day moving average is 26.81, which suggests MEG is a Sell.
                What is MEG’s Williams % R (14)?
                MEG’s Williams % R (14) is -83.86, which suggests MEG is a Buy.
                  What is MEG’s CCI (14)?
                  MEG’s CCI (14) is -114.05, which suggests MEG is a Buy.
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