NYSE:MEGI - New York Stock Exchange, Inc. - US56064Q1076 - Currency: USD
Overall MEGI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MEGI is showing a nice and steady performance.
MEGI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
12.02
We found 3 important support areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
13.80 | 12.98 | 0.82 (5.94%) | 16.83% |
An entry @13.80. This is a Buy Stop order right above the resistance zone. | An exit @12.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 5.94%. | When investing 16.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
NYSE:MEGI (5/6/2025, 8:23:49 PM)
13.64
+0.14 (+1.04%)