- Latest week
- 10 Jul 2026
- Close
- 13.620000
- Fair value
- 13.295364
- Next-week expectancy
- Negative 38.86%
MER Chart Pack
Meren Energy Inc.
Chart Summary
Over the latest 12 completed weeks ending 2026-07-10, MER fell 16.14%, moving from 16.24 to 13.62. The latest weekly close is below the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 9 of the last 12 weeks. Relative Strength is -7.30 and has remained broadly mixed across the 12-week window. Market Dynamics is -0.92 on the latest week. Next-week expectancy is negative at 38.86% based on similar historical setup states.
Key Points
- Week Ending
- 10 Jul 2026
- Latest Close
- 13.62
- 12-Week Change
- -16.14%
- Trend Signal
- Inactive
- Next-Week Expectancy
- Negative 38.86%
- Signal Weeks
- 9 of 12
- Vs Trend Line
- Below
- Vs Fair Value
- Above
- Relative Strength
- -7.30
- Market Dynamics
- -0.92
Weekly Price
Price Action
Smart Money
Market Dynamics
Price Cycle
Next-State Map
SMI
Chart Summary
Key Points
- Week Ending
- 10 Jul 2026
- Latest Close
- 13.62
- 12-Week Change
- -16.14%
- Trend Signal
- Inactive
- Next-Week Expectancy
- Negative 38.86%
- Signal Weeks
- 9 of 12
- Vs Trend Line
- Below
- Vs Fair Value
- Above
- Relative Strength
- -7.30
- Market Dynamics
- -0.92
Over the latest 12 completed weeks ending 2026-07-10, MER fell 16.14%, moving from 16.24 to 13.62. The latest weekly close is below the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 9 of the last 12 weeks. Relative Strength is -7.30 and has remained broadly mixed across the 12-week window. Market Dynamics is -0.92 on the latest week. Next-week expectancy is negative at 38.86% based on similar historical setup states.
Industry Peers
Sweden equities in Oil & Gas E&P
| Stock | Exchange | Week | Open | High | Low | Close | Change |
|---|---|---|---|---|---|---|---|
| ABI AB Igrene (publ) | STO | 10 Jul 2026 | 0.37 | 0.47 | 0.35 | 0.45 | 21.89% |
| SNM ShaMaran Petroleum Corp. | STO | 26 Jun 2026 | 1.39 | 1.39 | 1.39 | 1.39 | 0.00% |
| IPCO International Petroleum Corporation | STO | 10 Jul 2026 | 208.20 | 222.20 | 201.20 | 207.20 | -0.48% |
| MAHA-A Maha Capital AB (publ) | STO | 3 Jul 2026 | 8.53 | 8.89 | 8.13 | 8.46 | -0.82% |
| ZENA-SDR Zenith Energy Ltd. SDR | STO | 10 Jul 2026 | 0.59 | 0.60 | 0.56 | 0.58 | -1.68% |
| AEC Africa Energy Corp. | STO | 10 Jul 2026 | 1.21 | 1.30 | 1.14 | 1.16 | -3.73% |