MONTROSE ENVIRONMENTAL GROUP (MEG)
US6151111019 - Common Stock
Overall MEG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MEG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MEG did better than 92% of all other stocks.
MEG is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 84% of 84 stocks in the same industry.
MEG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MEG is leading the market.
In the last month MEG has a been trading in the 35.60 - 45.65 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MEG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 44.54. Right above this resistance zone may be a good entry point.
More info and screens
32.32
45.73
We found 5 important support areas.
- Support @44.21 from a trend line in the weekly time frame.
- A support zone ranging from 42.02 to 43.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 38.98 to 40.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.26 to 36.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.65 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.54 to 45.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.86
Mansfield1.5
10 Day High44.45
10 Day Low38.64
20 Day High45.65
20 Day Low35.6
52 Week High45.96
52 Week Low21.96
Performance
1 Week7.56%
2 Weeks5.61%
1 Month0.87%
3 Month41.66%
6 Month74.36%
12 Month44.44%
2 Year9.28%
3 Year-11.71%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)58.9
LBB38.02
UBB45.39
MONTROSE ENVIRONMENTAL GROUP
NYSE:MEG (5/3/2024, 9:47:27 AM)
44.5
+0.23 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.52%
1 Week7.56%
2 Weeks5.61%
1 Month0.87%
3 Month41.66%
6 Month74.36%
12 Month44.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.38
ATR(20)%4.79%
ATR Inc
Range Today1.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.45
10 Day Low38.64
20 Day High45.65
20 Day Low35.6
52 Week High45.96
52 Week Low21.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume60.88K
Volume Incr-14.91%
Vol(5)305.96K
Vol(50)293.39K