NYSE
On the daily chart, MEG has been moving sideways between $15.21 and $28.27 since 30 Oct 2024.
The pattern: price breaks out below a sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. On this page NasdaqScan flags the daily candle (the trading day) that makes the retest.
DAILYDaily chart: each candle is one trading day.
Daily chart. The purple band is the sideways range of the latest signal; green triangles mark the trading days NasdaqScan detected a retest.
| Range | Started | Ended | How it ended | Retest signals (trading day) |
|---|---|---|---|---|
| 30 Oct 2024 | Open | — | — | |
| 17 Apr 2024 | 11 Sept 2024 (147 days) | Broke below the range at $26.00 | — | |
| 17 Feb 2023 | 27 Oct 2023 (252 days) | Broke below the range at $21.96 | 16 Oct 2023 (BO accepted) | |
| 26 Jul 2022 | 17 Jan 2023 (175 days) | Broke above the range at $52.85 | — | |
| 12 Jan 2022 | 5 Jul 2022 (174 days) | Broke below the range at $32.65 | — |
All daily-chart retest signals →
All NYSE stocks with weekly retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.