Technical Analysis for MEG - Montrose Environmental Group, Inc.

Grade Last Price % Change Price Change
D 50.03 -1.09% -0.55
MEG closed down 1.09 percent on Thursday, January 20, 2022, on approximately normal volume. 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.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical MEG trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -1.09%
Slingshot Bearish Bearish Swing Setup -1.09%
Lower Bollinger Band Walk Weakness -1.09%
Outside Day Range Expansion -1.09%
Older End-of-Day Signals for MEG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 11 hours ago
Down 1% about 11 hours ago
Up 3% about 14 hours ago
Up 2% about 14 hours ago
60 Minute Opening Range Breakout about 15 hours ago
View Earlier Intraday Alerts

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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: Nature Occupational Safety And Health Regulatory Compliance Natural Environment Environmental Services 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 80.42
52 Week Low 35.56
Average Volume 237,156
200-Day Moving Average 58.20
50-Day Moving Average 68.69
20-Day Moving Average 63.33
10-Day Moving Average 56.61
Average True Range 3.12
ADX 33.64
+DI 9.29
-DI 39.05
Chandelier Exit (Long, 3 ATRs) 64.97
Chandelier Exit (Short, 3 ATRs) 59.08
Upper Bollinger Bands 78.43
Lower Bollinger Band 48.22
Percent B (%b) 0.06
BandWidth 47.70
MACD Line -4.75
MACD Signal Line -3.29
MACD Histogram -1.4586
Fundamentals Value
Market Cap 1.25 Billion
Num Shares 25 Million
EPS -3.94
Price-to-Earnings (P/E) Ratio -12.71
Price-to-Sales 2.46
Price-to-Book 5.12
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 53.93
Resistance 3 (R3) 54.26 53.30 53.28
Resistance 2 (R2) 53.30 52.30 53.13 53.06
Resistance 1 (R1) 51.66 51.69 51.18 51.33 52.85
Pivot Point 50.70 50.70 50.46 50.53 50.70
Support 1 (S1) 49.06 49.70 48.58 48.73 47.21
Support 2 (S2) 48.10 49.09 47.93 47.00
Support 3 (S3) 46.46 48.10 46.78
Support 4 (S4) 46.13