MEG
Montrose·NYSE
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2.43 / 10
Underperform
Technically, MEG is under pressure with a score of 2.43/10. Dominant bearish signals include MACD Death Cross and Bearish Engulfing patterns, while Long Lower Shadow offers minimal bullish support. The recent indicator mix shows four bearish occurrences versus zero bullish, leading to a cautious near-term outlook. Investors should be mindful of potential downside until a clear bullish reversal emerges.
Analysis Checks(0/4)
Long Lower Shadow
Score2.65/10
Win Rate45.00%
Hist. Signals20
Avg Return0.12%
Score2.65/10
Win Rate45.00%
Hist. Signals20
Avg Return0.12%
Bearish Engulfing
Score2.54/10
Win Rate40.00%
Hist. Signals10
Avg Return0.75%
Score2.54/10
Win Rate40.00%
Hist. Signals10
Avg Return0.75%
MACD Death Cross
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.64%
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.64%
MACD Golden Cross
Score3.53/10
Win Rate54.55%
Hist. Signals11
Avg Return-1.57%
Score3.53/10
Win Rate54.55%
Hist. Signals11
Avg Return-1.57%
Long Lower Shadow
Score2.65/10
Win Rate45.00%
Hist. Signals20
Avg Return0.12%
Score2.65/10
Win Rate45.00%
Hist. Signals20
Avg Return0.12%
MACD Death Cross
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.64%
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-1.64%
Bearish Engulfing
Score2.54/10
Win Rate40.00%
Hist. Signals10
Avg Return0.75%
Score2.54/10
Win Rate40.00%
Hist. Signals10
Avg Return0.75%
MACD Golden Cross
Score3.53/10
Win Rate54.55%
Hist. Signals11
Avg Return-1.57%
Score3.53/10
Win Rate54.55%
Hist. Signals11
Avg Return-1.57%
What is the current technical signals for MEG?
- MEG presents a Underperform setup with a Technical Score of 2.43/10. Key technical indicators highlight an RSI of 54.86 and a MACD of 0.50, with the trend anchored by the 50-Day SMA at 24.92. Traders should monitor key support at 23.25 and resistance at 23.92.
