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MEG Energy Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and MEG.TO is experiencing slight buying pressure.

MEG Energy Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 24.02 Sell
20-day SMA: 24.92 Sell
50-day SMA: 25.77 Sell
200-day SMA: 28.01 Sell
8-day EMA: 24.08 Sell
20-day EMA: 24.69 Sell
50-day EMA: 25.39 Sell
200-day EMA: 26.5 Sell

MEG Energy Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -0.57 Sell
Relative Strength Index (14 RSI): 38.79 Sell
Chaikin Money Flow: 387210 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (24.17 - 25.97) Sell
Bollinger Bands (100): (24.75 - 27.33) Sell

MEG Energy Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for MEG Energy Stock

Is MEG Energy Stock a Buy?

  • MEG Energy share price is 23.73 while MEG.TO 8-day simple moving average is 24.02, which is a Sell signal.
  • The stock price of MEG.TO is 23.73 while MEG Energy 20-day SMA is 24.92, which makes it a Sell.
  • MEG Energy 50-day simple moving average is 25.77 while MEG.TO share price is 23.73, making it a Sell technically.
  • MEG.TO stock price is 23.73 and MEG Energy 200-day simple moving average is 28.01, creating a Sell signal.

MEG.TO Technical Analysis vs Fundamental Analysis

Sell
48
MEG Energy (MEG.TO) is a Sell

Is MEG Energy a Buy or a Sell?

  • MEG Energy stock is rated a Sell
    The current MEG Energy [MEG.TO] share price is $23.73. The Score for MEG.TO is 48, which is 4% below its historic median score of 50, and infers higher risk than normal.

MEG Energy Stock Info

Market Cap:
6.24B
Price in USD:
23.73
Share Volume:
2.05M

MEG Energy 52-Week Range

52-Week High:
33.70
52-Week Low:
23.02
Sell
48
MEG Energy (MEG.TO) is a Sell

MEG Energy Share Price Forecast

  • What is the MEG Energy stock price today?
    The MEG Energy stock price is 23.73 USD today.
  • Will MEG.TO stock go up or go down?
    MEG Energy> share price is forecast to RISE/FALL based on technical indicators
  • Is MEG Energy overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, MEG Energy is overvalued.

Is MEG Energy Stock a Buy?

  • MEG Energy share price is 23.73 while MEG.TO 8-day exponential moving average is 24.08, which is a Sell signal.
  • The stock price of MEG.TO is 23.73 while MEG Energy 20-day EMA is 24.69, which makes it a Sell.
  • MEG Energy 50-day exponential moving average is 25.39 while MEG.TO share price is 23.73, making it a Sell technically.
  • MEG.TO stock price is 23.73 and MEG Energy 200-day simple moving average is 26.50, creating a Sell signal.

Fundamental Analysis of MEG Energy

Is MEG Energy a good investment?

  • Analysts estimate an earnings decrease this quarter of $0.01 per share, a decrease next quarter of $0.00 per share, a decrease this year of $0.15 per share, and an increase next year of $0.14 per share.

Technical Analysis of MEG Energy

Should I short MEG Energy stock?

  • MEG.TO Moving Average Covergence Divergence (MACD) indicator is -0.57, suggesting MEG Energy is a Sell
  • MEG Energy Relative Strength Index (RSI) is 38.79, which suggest MEG Energy is oversold
  • The Bollinger Bands (25) for MEG Energy is (24.17 - 25.97), which suggest MEG Energy is a Sell
  • The Bollinger Bands (100) for MEG Energy is (24.75 - 27.33), which suggest MEG Energy is a Sell

* MEG Energy stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.