Amber ListRecovering

MEGMontrose Environmental Group, I

Industrials · Waste Management · small-cap ($801M)
-30.8%
from rolling 252-day high of $32.00 set 2025-08-07 · 378d ago
Current
$22.14
Decline depth
-30.8%
Decline σ
TFC
2/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$MEG landed on the list 2026-03-14, down 26.4% from its 52-week high that day — now down -30.8%.

That's 4.4 percentage points deeper than the day it joined. It bottomed 36.4% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-16 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

MEG qualifies for the Amber List on decline depth.

Decline depth
-30.8%
From rolling 252-day high of $32.00, 378d ago. Past the 30% Amber threshold.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
Insufficient price history to compute.

The structural read

What price action says about MEG.

MEG qualifies for the Amber List on decline depth — down -30.8% from its rolling 252-day high.

Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.

Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether MEG's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.

Upstream TFC read: strong alignment, current phase weekly. Last bar types — daily 2U (green), weekly 3 (green), monthly 1 (green).

Earnings on file: 2026-02-25. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about MEG

What people ask.

Why is MEG on Broken Stocks?

MEG qualifies for the Amber List on decline depth. It is down -30.8% from its rolling 252-day high of $32.00, set on 2025-08-07 — 378d ago. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for MEG?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — MEG is still Amber List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is MEG a falling knife?

Not by the strict technical definition. MEG is down -30.8% from its 52-week high, but that high was set 378d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. MEG is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.

Is MEG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is MEG trading inside its 52-week range?

At $22.14, MEG sits 40.6% of the way from its 52-week low ($15.40) to its 52-week high ($32.00). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has MEG been declining?

The current 30.8% decline accrued over 378d, which annualizes to roughly -29.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does MEG compare to its sector?

There are 151 other Industrials tickers on Broken Stocks: 67 Red, 41 Amber, 43 Watch, with 28 showing recovering structural signals. Median sector decline is -30.9% — MEG's decline is shallower than the sector median.

Does MEG's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-25) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.