(MEG) complete technical analysis [charts+indicators] | Buy/Sell | (MEG) share price targets
Complete technical analysis of (MEG) by charts plus indicators, forecast predictions and share price targets for (MEG)
10 day averaged volume of is 475580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 41.30 | 39.00 | 41.64 | 39.00 | 0.497 times |
| 22 Mon Apr 2024 | 39.04 | 40.33 | 40.67 | 38.64 | 0.808 times |
| 19 Fri Apr 2024 | 40.20 | 41.70 | 42.20 | 39.44 | 1.163 times |
| 18 Thu Apr 2024 | 41.92 | 39.05 | 42.16 | 38.00 | 4.256 times |
| 17 Wed Apr 2024 | 37.15 | 40.44 | 40.55 | 35.60 | 1.527 times |
| 16 Tue Apr 2024 | 41.95 | 42.35 | 42.64 | 41.56 | 0.176 times |
| 15 Mon Apr 2024 | 42.65 | 44.60 | 45.02 | 42.47 | 0.418 times |
| 12 Fri Apr 2024 | 44.66 | 44.88 | 45.65 | 44.51 | 0.439 times |
| 11 Thu Apr 2024 | 45.11 | 44.64 | 45.31 | 43.32 | 0.386 times |
| 10 Wed Apr 2024 | 44.64 | 43.48 | 44.97 | 43.48 | 0.551 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.2 or till 36. Use a stoploss of 41.96 and if the stock hits stoploss, then it can shoot up till 44.69
Share price targets for (MEG)
| Target Type | Value |
| Downside Target | 25.98 |
| Downside Target | 28.92 |
| Downside Target | 29.56 |
| Downside Target | 32.75 |
| Downside Target | 33.95 |
| Downside Target | 35.60 |
| Downside Target | 37.08 |
| Downside Target | 38.57 |
| Downside Target | 39.61 |
| Upside Target | 41.64 |
| Upside Target | 43.32 |
| Upside Target | 45.02 |
| Upside Target | 45.16 |
| Upside Target | 45.65 |
Intraday share price targets for (MEG)
| Target Type | Value |
| Downside Intraday Target | 39.41 |
| Downside Intraday Target | 37.53 |
| Upside Intraday Target | 42.41 |
| Upside Intraday Target | 43.53 |
| Downside Intraday Target | 40.53 |
Weekly technical analysis of (MEG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 41.30 | 40.33 | 41.64 | 38.64 | 0.173 times |
| 19 Fri Apr 2024 | 40.20 | 44.60 | 45.02 | 35.60 | 3.77 times |
| 12 Fri Apr 2024 | 44.66 | 44.68 | 45.65 | 43.32 | 0.676 times |
| 05 Fri Apr 2024 | 44.36 | 39.26 | 45.16 | 38.57 | 1.887 times |
| 28 Thu Mar 2024 | 39.17 | 38.11 | 39.61 | 37.08 | 0.812 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of (MEG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 41.30 | 39.26 | 45.65 | 35.60 | 1.319 times |
| 28 Thu Mar 2024 | 39.17 | 42.44 | 42.72 | 36.01 | 1.553 times |
| 29 Thu Feb 2024 | 41.38 | 29.56 | 42.15 | 29.56 | 0.747 times |
| 31 Wed Jan 2024 | 29.21 | 31.76 | 32.75 | 25.98 | 0.974 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of (MEG)
Price action analysis of ( (MEG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of ( (MEG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (MEG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (MEG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.17 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of ( (MEG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of ( (MEG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (MEG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of ( (MEG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.17 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.