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MEG Energy (TSE:MEG)
TSX:MEG
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MEG Energy (MEG) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
14Bullish
5Neutral
3Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
MEG Energy’s (MEG) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting MEG Energy is a Sell.
MEG Energy’s (MEG) 20-Day exponential moving average is 25.96, while MEG Energy’s (MEG) share price is C$26.65, making it a Buy.
MEG Energy’s (MEG) 50-Day exponential moving average is 26.13, while MEG Energy’s (MEG) share price is C$26.65, making it a Buy.

MEG Energy (MEG) Pivot Points

Nov 23, 2024, 03:52 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
25.00
25.15
25.41
25.56
25.82
25.97
26.23
Fibonacci
25.15
25.30
25.40
25.56
25.71
25.81
25.97
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

Nov 23, 2024, 03:52 AM
Period
Simple
Exponential
MA5
25.77Buy
26.01Buy
MA10
25.80Buy
25.93Buy
MA20
25.89Buy
25.96Buy
MA50
25.97Buy
26.13Buy
MA100
26.59Buy
26.53Buy
MA200
28.01Sell
26.92Sell
MEG Energy’s (MEG) 10-Day exponential moving average is 25.93, while MEG Energy’s (MEG) share price is C$26.65, making it a Buy.
MEG Energy’s (MEG) 100-Day exponential moving average is 26.53, while MEG Energy’s (MEG) share price is C$26.65, making it a Buy.
MEG Energy’s (MEG) stock price is C$26.65 and MEG Energy’s (MEG) 50-day simple moving average is 25.97, creating a Buy signal.
MEG Energy’s (MEG) stock price is C$26.65 and MEG Energy’s (MEG) 100-day simple moving average is 26.59, creating a Buy signal.
MEG Energy’s (MEG) stock price is C$26.65 and MEG Energy’s (MEG) 200-day simple moving average is 28.01, creating a Sell signal.

MEG Energy (MEG) Technical Indicators

Nov 23, 2024, 03:52 AM
Name
Value
Implied Action
RSI (14)
56.02
Neutral
STOCH (9,6)
50.35
Neutral
STOCHRSI (14)
39.83
Neutral
MACD (12,26)
-0.05
Sell
ADX (14)
18.39
Buy
Williams %R
-27.02
Buy
CCI (14)
90.89
Neutral
ATR (14)
0.80
-
Ultimate Oscillator
63.73
Neutral
ROC
6.44
Buy
MEG Energy’s (MEG) Relative Strength Index (RSI) is 56.02, creating a Neutral signal.
MEG Energy’s (MEG) Trend Strength Indicator (ADX) is 18.39, creating a Buy signal.
MEG Energy’s (MEG) Commodity Channel Index (CCI) is 90.89, creating a Neutral signal.
MEG Energy’s (MEG) Price Rate of Change (ROC) is 6.44, 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 56.02, which suggests MEG is a Neutral.
      What is MEG’s MACD?
      MEG’s MACD is -0.05, which suggests MEG is a Sell.
        What is MEG’s 5-day moving average?
        MEG’s 5-day moving average is 25.77, which suggests MEG is a Buy.
          What is MEG’s 20-day moving average?
          MEG 20-day moving average is 25.89, which suggests MEG is a Buy.
            What is MEG’s 50-day moving average?
            MEG’s 50-day moving average is 25.97, which suggests MEG is a Buy.
              What is MEG’s 200-day moving average?
              MEG’s 200-day moving average is 28.01, which suggests MEG is a Sell.
                What is MEG’s Williams % R (14)?
                MEG’s Williams % R (14) is -27.02, which suggests MEG is a Buy.
                  What is MEG’s CCI (14)?
                  MEG’s CCI (14) is 90.89, which suggests MEG is a Neutral.
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