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

142 Followers

Summary of all the Indicators

Overall Consensus
Buy
11Bullish
4Neutral
7Bearish
Technical Analysis Consensus
Strong Buy
6Bullish
4Neutral
0Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Meren Energy’s (MER) Moving Averages Convergence Divergence (MACD) indicator is -0.01, suggesting Meren Energy is a Buy.
Meren Energy’s (MER) 20-Day exponential moving average is 2.03, while Meren Energy’s (MER) share price is C$2.08, making it a Sell.
Meren Energy’s (MER) 50-Day exponential moving average is 2.07, while Meren Energy’s (MER) share price is C$2.08, making it a Sell.

Meren Energy (MER) Pivot Points

Aug 07, 2026, 04:53 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1.90
1.95
1.97
2.02
2.04
2.09
2.11
Fibonacci
1.95
1.97
1.99
2.02
2.04
2.06
2.09
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

Aug 07, 2026, 04:53 PM
Period
Simple
Exponential
MA5
2.01Buy
2.01Buy
MA10
2.03Sell
2.02Buy
MA20
2.03Sell
2.03Sell
MA50
2.07Sell
2.07Sell
MA100
2.19Sell
2.09Sell
MA200
2.01Buy
1.97Buy
Meren Energy’s (MER) 10-Day exponential moving average is 2.02, while Meren Energy’s (MER) share price is C$2.08, making it a Buy.
Meren Energy’s (MER) 100-Day exponential moving average is 2.09, while Meren Energy’s (MER) share price is C$2.08, making it a Sell.
Meren Energy’s (MER) stock price is C$2.08 and Meren Energy’s (MER) 50-day simple moving average is 2.07, creating a Sell signal.
Meren Energy’s (MER) stock price is C$2.08 and Meren Energy’s (MER) 100-day simple moving average is 2.19, creating a Sell signal.
Meren Energy’s (MER) stock price is C$2.08 and Meren Energy’s (MER) 200-day simple moving average is 2.01, creating a Buy signal.

Meren Energy (MER) Technical Indicators

Aug 07, 2026, 04:53 PM
Name
Value
Implied Action
RSI (14)
48.03
Neutral
STOCH (9,6)
19.19
Buy
STOCHRSI (14)
31.67
Neutral
MACD (12,26)
-0.01
Buy
ADX (14)
16.42
Buy
Williams %R
-60.00
Buy
CCI (14)
-22.74
Neutral
ATR (14)
0.06
-
Ultimate Oscillator
40.32
Neutral
ROC
1.51
Buy
Meren Energy’s (MER) Relative Strength Index (RSI) is 48.03, creating a Neutral signal.
Meren Energy’s (MER) Trend Strength Indicator (ADX) is 16.42, creating a Buy signal.
Meren Energy’s (MER) Commodity Channel Index (CCI) is -22.74, creating a Neutral signal.
Meren Energy’s (MER) Price Rate of Change (ROC) is 1.51, creating a Buy signal.

FAQ

Is MER a Buy, Hold, or Sell?
Based on MER’s technical indicators, MER is a Buy.
    What is MER’s RSI (14)?
    MER’s RSI (14) is 48.03, which suggests MER is a Neutral.
      What is MER’s MACD?
      MER’s MACD is -0.01, which suggests MER is a Buy.
        What is MER’s 5-day moving average?
        MER’s 5-day moving average is 2.01, which suggests MER is a Buy.
          What is MER’s 20-day moving average?
          MER 20-day moving average is 2.03, which suggests MER is a Sell.
            What is MER’s 50-day moving average?
            MER’s 50-day moving average is 2.07, which suggests MER is a Sell.
              What is MER’s 200-day moving average?
              MER’s 200-day moving average is 2.01, which suggests MER is a Buy.
                What is MER’s Williams % R (14)?
                MER’s Williams % R (14) is -60.00, which suggests MER is a Buy.
                  What is MER’s CCI (14)?
                  MER’s CCI (14) is -22.74, which suggests MER is a Neutral.