Technical Analysis for MERG - Metal Energy Corp

Grade Last Price % Change Price Change
F 0.045 -10.00% -0.005
MERG closed down 10.0 percent on Friday, March 24, 2023, on 55 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -10.00%
Wide Bands Range Expansion -10.00%
Oversold Stochastic Weakness -10.00%
Stochastic Buy Signal Bullish -10.00%
Narrow Range Bar Range Contraction -10.00%
Wide Bands Range Expansion -10.00%
Oversold Stochastic Weakness -10.00%
Hammer Candlestick Bullish -10.00%

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

Alert Time
Lower Bollinger Band Support 3 days ago
Fell Below Previous Day's Low 4 days ago
Down 5% 4 days ago
Down 3% 4 days ago
Down 2% 4 days ago

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Profile

Metal Energy Corp. engages in the mining and exploration of minerals in Canada. It holds interest in the Manibridge project located in Manitoba on the Thompson Belt; and in the Strange project located in Thunder Bay, Ontario. The company is based in Toronto, Canada.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mining Denison Mines Hudbay Minerals

Is MERG 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 0.185
52 Week Low 0.04
Average Volume 247,114
200-Day Moving Average 0.075
50-Day Moving Average 0.066
20-Day Moving Average 0.061
10-Day Moving Average 0.052
Average True Range 0.007
RSI 36.31
ADX 23.32
+DI 26.687
-DI 40.395
Chandelier Exit (Long, 3 ATRs) 0.054
Chandelier Exit (Short, 3 ATRs) 0.066
Upper Bollinger Bands 0.082
Lower Bollinger Band 0.040
Percent B (%b) 0.12
BandWidth 68.525
MACD Line -0.006
MACD Signal Line -0.004
MACD Histogram -0.0018
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.053
Resistance 3 (R3) 0.053 0.052 0.051
Resistance 2 (R2) 0.052 0.050 0.051 0.051
Resistance 1 (R1) 0.048 0.049 0.048 0.048 0.050
Pivot Point 0.047 0.047 0.046 0.046 0.047
Support 1 (S1) 0.043 0.045 0.043 0.043 0.040
Support 2 (S2) 0.042 0.044 0.041 0.039
Support 3 (S3) 0.038 0.042 0.039
Support 4 (S4) 0.038