(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 2024-04-29 View latest technical analysis
10 day averaged volume of is 497130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 43.26 | 43.27 | 43.59 | 42.59 | 0.552 times |
| 26 Fri Apr 2024 | 43.11 | 41.61 | 43.60 | 40.84 | 0.708 times |
| 25 Thu Apr 2024 | 41.16 | 40.58 | 41.39 | 40.00 | 0.408 times |
| 24 Wed Apr 2024 | 41.39 | 41.10 | 42.08 | 40.65 | 0.423 times |
| 23 Tue Apr 2024 | 41.30 | 39.00 | 41.64 | 39.00 | 0.476 times |
| 22 Mon Apr 2024 | 39.04 | 40.33 | 40.67 | 38.64 | 0.773 times |
| 19 Fri Apr 2024 | 40.20 | 41.70 | 42.20 | 39.44 | 1.113 times |
| 18 Thu Apr 2024 | 41.92 | 39.05 | 42.16 | 38.00 | 4.071 times |
| 17 Wed Apr 2024 | 37.15 | 40.44 | 40.55 | 35.60 | 1.461 times |
| 16 Tue Apr 2024 | 41.95 | 42.35 | 42.64 | 41.56 | 0.168 times |
My analysis of stock is bullish for shortterm, and stock might move up till 44.8 or till 47.4. Use a stoploss of 42.71 and if this stock hits its stoploss, then it can fall down till 40.57
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 | 38.57 |
| Downside Target | 42.15 |
| Upside Target | 43.59 |
| Upside Target | 43.60 |
| Upside Target | 45.02 |
| Upside Target | 45.16 |
| Upside Target | 45.65 |
Intraday share price targets for (MEG)
| Target Type | Value |
| Downside Intraday Target | 42.7 |
| Downside Intraday Target | 42.15 |
| Upside Intraday Target | 43.7 |
| Upside Intraday Target | 44.15 |
| Downside Intraday Target | 43.15 |
Weekly technical analysis of (MEG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 43.26 | 43.27 | 43.59 | 42.59 | 0.198 times |
| 26 Fri Apr 2024 | 43.11 | 40.33 | 43.60 | 38.64 | 0.386 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 |
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 |
| 29 Mon Apr 2024 | 43.26 | 39.26 | 45.65 | 35.60 | 1.528 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, and volume has increased substantially. This means that the move can 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 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 40.9 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.
Stock is giving positive 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 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 40.9 and (MEG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the (MEG) stock. Volume based technical analysis of (MEG) stock is negative.
Stock is giving positive 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.