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TSX
TSXV
CSE
Index
fx
MER.TO
TSX
Meren Energy Inc
STAY LONG
Close
2.0600
Prev.Close
2.0700
Change
-0.0100
Change%
-0.48%
BEARISH DESCENDING HAWK
Bought at
2.0500
Open
2.0500
High
2.0700
Low
2.0400
Close
2.0600
Gain%
+0.49%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
CAD100⇨
10/08
2.0500
BUY
+0.5%
✔
110
24/07
2.0800
SELL
-1.4%
✔
110
20/07
2.0100
BUY
+3.5%
✔
107
10/07
1.9700
SHORT
+2.0%
❌
109
03/07
1.9800
BUY
-0.5%
❌
110
24/06
1.9200
SHORT
+3.1%
❌
115
19/06
1.9700
BUY
-2.5%
❌
118
03/06
2.2900
SHORT
-14.0%
✔
104
27/05
2.3200
BUY
-1.3%
❌
106
21/05
2.3300
SHORT
-0.4%
✔
106
12/05
2.4000
BUY
-2.9%
❌
110
05/05
2.4700
SHORT
-2.8%
✔
107
06/04
2.4200
BUY
+2.1%
✔
106
01/04
2.3900
SELL
+1.3%
❌
106
19/03
2.2300
BUY
+7.2%
✔
99
17/03
2.2100
SHORT
+0.9%
❌
101
27/02
2.1800
BUY
+1.4%
✔
100
18/02
2.2500
SELL
-3.1%
✔
100
12/02
2.2400
BUY
+0.4%
✔
100
† Trade commissions are taken as 0.25%.
Date
Price
Signal
Change%
CAD100⇨
10/08
2.0500
BUY
+0.5%
✔
139
24/07
2.0800
SELL
-1.4%
✔
139
20/07
2.0100
BUY
+3.5%
✔
135
10/07
1.9700
SHORT
+2.0%
❌
138
03/07
1.9800
BUY
-0.5%
❌
140
24/06
1.9200
SHORT
+3.1%
❌
145
19/06
1.9700
BUY
-2.5%
❌
150
03/06
2.2900
SHORT
-14.0%
✔
132
27/05
2.3200
BUY
-1.3%
❌
134
21/05
2.3300
SHORT
-0.4%
✔
134
12/05
2.4000
BUY
-2.9%
❌
139
05/05
2.4700
SHORT
-2.8%
✔
136
06/04
2.4200
BUY
+2.1%
✔
134
01/04
2.3900
SELL
+1.3%
❌
134
19/03
2.2300
BUY
+7.2%
✔
126
17/03
2.2100
SHORT
+0.9%
❌
127
27/02
2.1800
BUY
+1.4%
✔
126
18/02
2.2500
SELL
-3.1%
✔
127
12/02
2.2400
BUY
+0.4%
✔
126
05/02
2.1200
SELL
+5.7%
❌
127
23/01
1.9900
BUY
+6.5%
✔
119
20/01
1.9100
SELL
+4.2%
❌
119
08/01
1.8200
BUY
+4.9%
✔
114
06/01
1.8200
SHORT
0.0%
❌
115
22/12
1.7600
BUY
+3.4%
✔
111
15/12
1.8100
SELL
-2.8%
✔
112
03/12
1.7500
BUY
+3.4%
✔
108
21/11
1.7500
SELL
0.0%
❌
109
18/11
1.8300
BUY
-4.4%
❌
114
13/11
1.7500
SELL
+4.6%
❌
114
10/11
1.7900
BUY
-2.2%
❌
117
04/11
1.7800
SHORT
+0.6%
❌
118
22/10
1.7200
BUY
+3.5%
✔
115
30/09
1.8600
SELL
-7.5%
✔
115
23/09
1.8350
BUY
+1.4%
✔
114
19/09
1.8300
SELL
+0.3%
❌
114
16/09
1.8500
BUY
-1.1%
❌
116
02/09
1.7700
SELL
+4.5%
❌
116
28/08
1.8200
BUY
-2.7%
❌
120
26/08
1.7800
SELL
+2.2%
❌
120
19/08
1.7300
BUY
+2.9%
✔
117
30/07
1.7800
SELL
-2.8%
✔
117
17/07
1.6800
BUY
+6.0%
✔
111
13/06
1.7900
SHORT
-6.1%
✔
105
10/06
1.8100
BUY
-1.1%
❌
107
29/05
1.8700
SELL
-3.2%
✔
107
20/05
1.8500
BUY
+1.1%
✔
106
01/05
1.7800
SHORT
+3.9%
❌
111
14/04
1.7300
BUY
+2.9%
✔
108
27/03
2.0800
SELL
-16.8%
✔
109
14/03
1.9200
BUY
+8.3%
✔
101
10/03
1.8900
SELL
+1.6%
❌
101
14/02
1.9300
BUY
-2.1%
❌
103
06/02
1.8900
SHORT
+2.1%
❌
106
04/02
1.9300
BUY
-2.1%
❌
109
13/01
2.0500
SELL
-5.9%
✔
109
23/12
1.8600
BUY
+10.2%
✔ 👍
99
17/12
1.8600
SHORT
0.0%
❌
100
13/12
1.9300
BUY
-3.6%
❌
104
25/11
2.0400
SELL
-5.4%
✔
104
15/11
1.8600
BUY
+9.7%
✔
95
08/11
1.8700
SELL
-0.5%
✔
95
31/10
1.7900
BUY
+4.5%
✔
92
23/10
1.8000
SELL
-0.6%
✔
92
18/10
1.8300
BUY
-1.6%
❌
94
16/10
1.7700
SELL
+3.4%
❌
94
11/10
1.8300
BUY
-3.3%
❌
97
08/10
1.8300
SELL
0.0%
❌
97
01/10
1.7700
BUY
+3.4%
✔
94
26/09
1.7600
SHORT
+0.6%
❌
96
24/09
1.8400
BUY
-4.3%
❌
100
16/09
1.8600
SHORT
-1.1%
✔
100
12/09
1.8500
BUY
+0.5%
✔
100
† Trade commissions are taken as 0.25%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY LONG
. The previous
BUY
signal was issued on 10/08/2026, 1 day ago, when the stock price was 2.0500. Since then,
MER.TO
has risen by
+0.49%
.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to <
SELL
is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
Pattern Description
This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white.
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