NYLI CBRE GBL INFR MGA TRM F (MEGI) Stock Technical Analysis
NYSE:MEGI - New York Stock Exchange, Inc. - US56064Q1076 - Currency: USD
Overall MEGI gets a technical rating of 1 out of 10. MEGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MEGI is a bad performer in the overall market: 69% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MEGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEGI is lagging the market.
In the last month MEGI has a been trading in a tight range between 12.28 and 12.85.
Although the technical rating is bad, MEGI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.54, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.97
14.82
We found 1 important support area.
- A support zone ranging from 12.09 to 12.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.78 to 12.82. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @13.06 from a horizontal line in the daily time frame.
- Resistance @14.67 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.85
Mansfield-1.04
10 Day High12.68
10 Day Low12.32
20 Day High12.85
20 Day Low12.28
52 Week High14.96
52 Week Low11.28
Performance
1 Week1.04%
2 Weeks1.52%
1 Month-0.24%
3 Month-6.85%
6 Month-8.8%
12 Month0%
2 Year-11.29%
3 Year-30.49%
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)0.03
RSI(14)54.56
LBB12.36
UBB12.64
12.65
+0.08 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week1.04%
2 Weeks1.52%
1 Month-0.24%
3 Month-6.85%
6 Month-8.8%
12 Month0%
2 Year-11.29%
3 Year-30.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.65%
ATR Inc-45.66%
Range Today0.12
ADR(20)0.2
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.85
Mansfield-1.04
10 Day High12.68
10 Day Low12.32
20 Day High12.85
20 Day Low12.28
52 Week High14.96
52 Week Low11.28
CS1 End12.54
CR1 Start12.78
Volume & EV
DER(3)-4.39%
DER(5)1.32%
Volume261.30K
Volume Incr10.25%
Vol(5)198.28K
Vol(50)233.47K