(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)
Showing technical analysis as on 2024-04-25 View latest technical analysis
10 day averaged volume of is 480920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 41.16 | 40.58 | 41.39 | 40.00 | 0.421 times |
| 24 Wed Apr 2024 | 41.39 | 41.10 | 42.08 | 40.65 | 0.437 times |
| 23 Tue Apr 2024 | 41.30 | 39.00 | 41.64 | 39.00 | 0.492 times |
| 22 Mon Apr 2024 | 39.04 | 40.33 | 40.67 | 38.64 | 0.799 times |
| 19 Fri Apr 2024 | 40.20 | 41.70 | 42.20 | 39.44 | 1.15 times |
| 18 Thu Apr 2024 | 41.92 | 39.05 | 42.16 | 38.00 | 4.209 times |
| 17 Wed Apr 2024 | 37.15 | 40.44 | 40.55 | 35.60 | 1.51 times |
| 16 Tue Apr 2024 | 41.95 | 42.35 | 42.64 | 41.56 | 0.174 times |
| 15 Mon Apr 2024 | 42.65 | 44.60 | 45.02 | 42.47 | 0.413 times |
| 12 Fri Apr 2024 | 44.66 | 44.88 | 45.65 | 44.51 | 0.434 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40 or till 37.1. Use a stoploss of 42.32 and if the stock hits stoploss, then it can shoot up till 44.68
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 | 42.08 |
| 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 | 39.17 |
| Downside Intraday Target | 37.19 |
| Upside Intraday Target | 42.61 |
| Upside Intraday Target | 44.07 |
| Downside Intraday Target | 40.63 |
Weekly technical analysis of (MEG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 41.16 | 40.33 | 42.08 | 38.64 | 0.288 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 |
| 25 Thu Apr 2024 | 41.16 | 39.26 | 45.65 | 35.60 | 1.402 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 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.
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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.84 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 positive
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 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.
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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 40.84 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.