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Should I buy MEG stock?
MEG Stock AnalysisMEG is currently in a downtrend. MEG is down -1.61% on 03/21/25 and has lost a total of -13.38% in the past 5 days. MEG is trading in the range of $14.28 - $23.58 in the past 30 days. Bullish Indicators Bearish Indicators 52 Week Low - stock just made a 52 week low which is a weak signal. In general, we do not recommend buying stocks hitting new low. Neutral Indicators Oversold - Stochastic Oscillator is indicating the stock is in the oversold territory. However, sometimes a weak stock can be in the oversold zone for a very long time.
Short term rating on the MEG stock: BEARISH with a score of 2/5.
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