Technical Analysis for MEGEF - Meg Energy Corp

Grade Last Price % Change Price Change
grade C 2.8549 -0.53% -0.0151
MEGEF closed down 0.53 percent on Monday, July 6, 2020, on 27 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up
Historical MEGEF trend table...

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Crossed Above 20 DMA Bullish -0.53%
Narrow Range Bar Range Contraction -0.53%
NR7 Range Contraction -0.53%
Inside Day Range Contraction -0.53%
Up 3 Days in a Row Strength -0.53%
Up 4 Days in a Row Strength -0.53%
20 DMA Resistance Bearish 2.33%
New Uptrend Bullish 2.33%
Outside Day Range Expansion 2.33%
Older signals for MEGEF ...

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Profile

MEG Energy Corp. (MEG) is a Canadian oil sands company focused on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta. MEG has acquired a large, high quality resource base – one that we believe holds some of the best in situ resources in Alberta. With these resources and a well-formulated strategic growth plan, MEG is positioned to be a strong oil sands player for many years to come.
Economy Of Canada Petroleum Oil Sands Alberta Geology Of Canada Athabasca Oil Corporation Athabasca Oil Sands Fort Mcmurray Canadian Petroleum Companies Oil Sands Region

Is MEGEF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.136
52 Week Low 0.8238
Average Volume 43,021
200-Day Moving Average 3.6570
50-Day Moving Average 2.4920
20-Day Moving Average 2.7842
10-Day Moving Average 2.7376
Average True Range 0.2271
ADX 27.4
+DI 30.0022
-DI 12.7457
Chandelier Exit (Long, 3 ATRs ) 2.6337
Chandelier Exit (Short, 3 ATRs ) 3.1813
Upper Bollinger Band 3.0939
Lower Bollinger Band 2.4745
Percent B (%b) 0.61
BandWidth 22.2470
MACD Line 0.0743
MACD Signal Line 0.0827
MACD Histogram -0.0084
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.1474
Resistance 3 (R3) 3.1649 3.0850 3.0987
Resistance 2 (R2) 3.0850 3.0105 3.0762 3.0824
Resistance 1 (R1) 2.9699 2.9645 2.9300 2.9524 3.0661
Pivot Point 2.8900 2.8900 2.8700 2.8812 2.8900
Support 1 (S1) 2.7749 2.8155 2.7350 2.7574 2.6437
Support 2 (S2) 2.6950 2.7695 2.6862 2.6274
Support 3 (S3) 2.5799 2.6950 2.6112
Support 4 (S4) 2.5624