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Meren Energy (TSE:MER)
TSX:MER
Canadian Market
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Meren Energy (MER) Technical Analysis

144 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
14Bullish
6Neutral
2Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Meren Energy’s (MER) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting Meren Energy is a Sell.
Meren Energy’s (MER) 20-Day exponential moving average is 2.14, while Meren Energy’s (MER) share price is C$2.24, making it a Buy.
Meren Energy’s (MER) 50-Day exponential moving average is 2.09, while Meren Energy’s (MER) share price is C$2.24, making it a Buy.

Meren Energy (MER) Pivot Points

Aug 28, 2026, 04:40 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.13
2.16
2.19
2.22
2.25
2.28
2.31
Fibonacci
2.16
2.18
2.19
2.22
2.24
2.25
2.28
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Meren Energy (MER) Moving Averages

Aug 28, 2026, 04:40 AM
Period
Simple
Exponential
MA5
2.22Buy
2.22Buy
MA10
2.21Buy
2.19Buy
MA20
2.10Buy
2.14Buy
MA50
2.02Buy
2.09Buy
MA100
2.14Buy
2.07Buy
MA200
2.00Buy
1.95Buy
Meren Energy’s (MER) 10-Day exponential moving average is 2.19, while Meren Energy’s (MER) share price is C$2.24, making it a Buy.
Meren Energy’s (MER) 100-Day exponential moving average is 2.07, while Meren Energy’s (MER) share price is C$2.24, making it a Buy.
Meren Energy’s (MER) stock price is C$2.24 and Meren Energy’s (MER) 50-day simple moving average is 2.02, creating a Buy signal.
Meren Energy’s (MER) stock price is C$2.24 and Meren Energy’s (MER) 100-day simple moving average is 2.14, creating a Buy signal.
Meren Energy’s (MER) stock price is C$2.24 and Meren Energy’s (MER) 200-day simple moving average is 2.00, creating a Buy signal.

Meren Energy (MER) Technical Indicators

Aug 28, 2026, 04:40 AM
Name
Value
Implied Action
RSI (14)
64.28
Neutral
STOCH (9,6)
60.48
Neutral
STOCHRSI (14)
78.47
Neutral
MACD (12,26)
0.06
Sell
ADX (14)
20.70
Neutral
Williams %R
-17.24
Sell
CCI (14)
70.07
Neutral
ATR (14)
0.08
-
Ultimate Oscillator
41.92
Neutral
ROC
13.48
Buy
Meren Energy’s (MER) Relative Strength Index (RSI) is 64.28, creating a Neutral signal.
Meren Energy’s (MER) Trend Strength Indicator (ADX) is 20.70, creating a Neutral signal.
Meren Energy’s (MER) Commodity Channel Index (CCI) is 70.07, creating a Neutral signal.
Meren Energy’s (MER) Price Rate of Change (ROC) is 13.48, creating a Buy signal.

FAQ

Is MER a Buy, Hold, or Sell?
Based on MER’s technical indicators, MER is a Strong Buy.
    What is MER’s RSI (14)?
    MER’s RSI (14) is 64.28, which suggests MER is a Neutral.
      What is MER’s MACD?
      MER’s MACD is 0.06, which suggests MER is a Sell.
        What is MER’s 5-day moving average?
        MER’s 5-day moving average is 2.22, which suggests MER is a Buy.
          What is MER’s 20-day moving average?
          MER 20-day moving average is 2.10, which suggests MER is a Buy.
            What is MER’s 50-day moving average?
            MER’s 50-day moving average is 2.02, which suggests MER is a Buy.
              What is MER’s 200-day moving average?
              MER’s 200-day moving average is 2.00, which suggests MER is a Buy.
                What is MER’s Williams % R (14)?
                MER’s Williams % R (14) is -17.24, which suggests MER is a Sell.
                  What is MER’s CCI (14)?
                  MER’s CCI (14) is 70.07, which suggests MER is a Neutral.