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Meren Energy Inc. (TSE:MER)
TSX:MER
Canadian Market
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Meren Energy (MER) Technical Analysis

139 Followers

Summary of all the Indicators

Overall Consensus
Neutral
9Bullish
5Neutral
8Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Meren Energy Inc.’s (MER) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting Meren Energy Inc. is a Buy.
Meren Energy Inc.’s (MER) 20-Day exponential moving average is 2.35, while Meren Energy Inc.’s (MER) share price is C$1.68, making it a Sell.
Meren Energy Inc.’s (MER) 50-Day exponential moving average is 2.23, while Meren Energy Inc.’s (MER) share price is C$1.68, making it a Buy.

Meren Energy (MER) Pivot Points

May 08, 2026, 09:32 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.34
2.38
2.42
2.45
2.49
2.53
2.57
Fibonacci
2.38
2.41
2.42
2.45
2.48
2.50
2.53
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.

Meren Energy (MER) Moving Averages

May 08, 2026, 09:32 AM
Period
Simple
Exponential
MA5
2.41Sell
2.38Sell
MA10
2.40Sell
2.38Sell
MA20
2.35Sell
2.35Sell
MA50
2.23Buy
2.23Buy
MA100
2.03Buy
2.09Buy
MA200
1.84Buy
1.91Buy
Meren Energy Inc.’s (MER) 10-Day exponential moving average is 2.38, while Meren Energy Inc.’s (MER) share price is C$1.68, making it a Sell.
Meren Energy Inc.’s (MER) 100-Day exponential moving average is 2.09, while Meren Energy Inc.’s (MER) share price is C$1.68, making it a Buy.
Meren Energy Inc.’s (MER) stock price is C$1.68 and Meren Energy Inc.’s (MER) 50-day simple moving average is 2.23, creating a Buy signal.
Meren Energy Inc.’s (MER) stock price is C$1.68 and Meren Energy Inc.’s (MER) 100-day simple moving average is 2.03, creating a Buy signal.
Meren Energy Inc.’s (MER) stock price is C$1.68 and Meren Energy Inc.’s (MER) 200-day simple moving average is 1.84, creating a Buy signal.

Meren Energy (MER) Technical Indicators

May 08, 2026, 09:32 AM
Name
Value
Implied Action
RSI (14)
49.37
Neutral
STOCH (9,6)
60.04
Neutral
STOCHRSI (14)
43.61
Neutral
MACD (12,26)
0.06
Buy
ADX (14)
17.07
Buy
Williams %R
-81.54
Buy
CCI (14)
-29.76
Neutral
ATR (14)
0.11
-
Ultimate Oscillator
46.91
Neutral
ROC
-4.15
Sell
Meren Energy Inc.’s (MER) Relative Strength Index (RSI) is 49.37, creating a Neutral signal.
Meren Energy Inc.’s (MER) Trend Strength Indicator (ADX) is 17.07, creating a Buy signal.
Meren Energy Inc.’s (MER) Commodity Channel Index (CCI) is -29.76, creating a Neutral signal.
Meren Energy Inc.’s (MER) Price Rate of Change (ROC) is -4.15, creating a Sell signal.

FAQ

Is MER a Buy, Hold, or Sell?
Based on MER’s technical indicators, MER is a Hold.
    What is MER’s RSI (14)?
    MER’s RSI (14) is 49.37, which suggests MER is a Neutral.
      What is MER’s MACD?
      MER’s MACD is 0.06, which suggests MER is a Buy.
        What is MER’s 5-day moving average?
        MER’s 5-day moving average is 2.41, which suggests MER is a Sell.
          What is MER’s 20-day moving average?
          MER 20-day moving average is 2.35, which suggests MER is a Sell.
            What is MER’s 50-day moving average?
            MER’s 50-day moving average is 2.23, which suggests MER is a Buy.
              What is MER’s 200-day moving average?
              MER’s 200-day moving average is 1.84, which suggests MER is a Buy.
                What is MER’s Williams % R (14)?
                MER’s Williams % R (14) is -81.54, which suggests MER is a Buy.
                  What is MER’s CCI (14)?
                  MER’s CCI (14) is -29.76, which suggests MER is a Neutral.