Technical Analysis for MEG - Montrose Environmental Group, Inc.

Grade Last Price % Change Price Change
F 17.94 8.99% 1.48
MEG closed up 8.99 percent on Wednesday, November 20, 2024, on 2.07 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Bullish Engulfing Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 8.99%
Lower Bollinger Band Walk Weakness 8.99%

   Recent Intraday Alerts

Alert Time
Rose Above Lower Bollinger Band about 21 hours ago
Up 3% about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago
Down 2 % about 21 hours ago
Down 1% about 21 hours ago

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Profile

Montrose Environmental Group, Inc. is a leading environmental services company with operations across North America, Australia and Europe. Montrose supports government and commercial organizations with a diverse range of services, from comprehensive air measurement and laboratory services to regulatory compliance, permitting, engineering, and remediation.
Classification

Sector: Industrials
Industry: Waste Management
Keywords: Occupational Safety And Health Environmental Services Regulatory Compliance Laboratory Services Air Pollution

Is MEG 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 49.97
52 Week Low 16.06
Average Volume 721,933
200-Day Moving Average 35.38
50-Day Moving Average 24.82
20-Day Moving Average 23.27
10-Day Moving Average 20.13
Average True Range 1.83
RSI (14) 31.97
ADX 31.21
+DI 10.69
-DI 38.32
Chandelier Exit (Long, 3 ATRs) 22.79
Chandelier Exit (Short, 3 ATRs) 21.54
Upper Bollinger Bands 30.37
Lower Bollinger Band 16.17
Percent B (%b) 0.12
BandWidth 61.02
MACD Line -2.18
MACD Signal Line -1.46
MACD Histogram -0.7192
Fundamentals Value
Market Cap 541.58 Million
Num Shares 30.2 Million
EPS -1.89
Price-to-Earnings (P/E) Ratio -9.49
Price-to-Sales 1.78
Price-to-Book 3.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.90
Resistance 3 (R3) 20.60 19.31 20.40
Resistance 2 (R2) 19.31 18.56 19.46 20.24
Resistance 1 (R1) 18.63 18.10 18.97 18.93 20.07
Pivot Point 17.34 17.34 17.52 17.49 17.34
Support 1 (S1) 16.66 16.59 17.00 16.96 15.81
Support 2 (S2) 15.37 16.13 15.52 15.64
Support 3 (S3) 14.69 15.37 15.48
Support 4 (S4) 14.99