Technical Analysis for MEG - Montrose Environmental Group, Inc.

Grade Last Price % Change Price Change
F 31.67 2.10% 0.65
MEG closed up 2.1 percent on Friday, July 26, 2024, on 1.32 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
Earnings due: Aug 6
*** please verify all earnings dates ***
1 Watcher
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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%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish 2.10%
Volume Surge Other 2.10%
Lower Bollinger Band Walk Weakness 2.10%
Multiple of Ten Bullish Other 2.10%
Wide Bands Range Expansion 2.10%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 10 hours ago
1.5x Volume Pace about 13 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
Up 3% about 14 hours ago
Up 2% about 14 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 21.96
Average Volume 363,736
200-Day Moving Average 36.10
50-Day Moving Average 43.00
20-Day Moving Average 37.21
10-Day Moving Average 34.59
Average True Range 2.22
RSI (14) 29.58
ADX 29.14
+DI 12.92
-DI 34.83
Chandelier Exit (Long, 3 ATRs) 42.57
Chandelier Exit (Short, 3 ATRs) 35.81
Upper Bollinger Bands 44.99
Lower Bollinger Band 29.43
Percent B (%b) 0.14
BandWidth 41.83
MACD Line -3.38
MACD Signal Line -2.77
MACD Histogram -0.6179
Fundamentals Value
Market Cap 956.06 Million
Num Shares 30.2 Million
EPS -1.89
Price-to-Earnings (P/E) Ratio -16.76
Price-to-Sales 1.78
Price-to-Book 3.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.79
Resistance 3 (R3) 33.74 33.00 33.43
Resistance 2 (R2) 33.00 32.46 33.02 33.31
Resistance 1 (R1) 32.33 32.13 32.67 32.38 33.20
Pivot Point 31.59 31.59 31.75 31.61 31.59
Support 1 (S1) 30.92 31.05 31.26 30.97 30.14
Support 2 (S2) 30.18 30.72 30.20 30.03
Support 3 (S3) 29.51 30.18 29.91
Support 4 (S4) 29.56