Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MidEast) Mid East complete technical analysis [charts+indicators] | Buy/Sell Mid East | (MidEast) share price targets

Complete technical analysis of Mid East (MidEast) by charts plus indicators, forecast predictions and share price targets for Mid East (MidEast)

Showing technical analysis as on 2022-06-16 View latest technical analysis

10 day averaged volume of Mid East is 133

Date Daily Closing Price Open High Low Volume
16 Thu Jun 2022 4.63 4.63 4.63 4.63 0.008 times
15 Wed Jun 2022 4.63 4.63 4.63 4.63 0.526 times
02 Thu Jun 2022 4.63 4.63 4.63 4.63 0.008 times
31 Tue May 2022 4.63 4.63 4.63 4.63 0.038 times
30 Mon May 2022 4.63 4.63 4.63 4.63 0.188 times
27 Fri May 2022 4.63 4.63 4.63 4.63 7.534 times
18 Wed May 2022 4.63 4.63 4.63 4.63 0.383 times
17 Tue May 2022 4.63 4.63 4.63 4.63 1.053 times
11 Wed May 2022 4.41 4.41 4.41 4.41 0.113 times
10 Tue May 2022 4.41 4.41 4.41 4.41 0.075 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.5 as stoploss in an intra day buy trade for a target of 4.88. However, stock will show a bearish move below 4.5.

Share price targets for Mid East (MidEast)

Target Type Value
Downside Target 4.41
Downside Target 4.63
Upside Target 4.64
Upside Target 5.13
Upside Target 5.15
Upside Target 5.42
Upside Target 6.15
Upside Target 6.17
Upside Target 6.18

Intraday share price targets for Mid East (MidEast)

Target Type Value
Downside Intraday Target 4.63
Downside Intraday Target 4.63
Downside Intraday Target 4.63
Downside Intraday Target 4.63
Downside Intraday Target 4.63

Weekly technical analysis of Mid East (MidEast)

Date Weekly Closing Price Open High Low Volume
16 Thu Jun 2022 4.63 4.63 4.63 4.63 2.29 times
02 Thu Jun 2022 4.63 4.63 4.63 4.63 0.026 times
27 Fri May 2022 4.63 4.63 4.63 4.63 33.139 times
11 Wed May 2022 4.41 4.41 4.41 4.41 0.947 times
04 Wed May 2022 4.64 5.13 5.13 4.64 0.139 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mid East (MidEast)

Date Monthly Closing Price Open High Low Volume
16 Thu Jun 2022 4.63 4.63 4.63 4.63 0.056 times
31 Tue May 2022 4.63 5.13 5.13 4.41 0.473 times
29 Fri Apr 2022 5.13 5.80 6.15 5.13 1.014 times
29 Tue Mar 2022 5.90 5.42 6.17 5.15 7.388 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mid East (MidEast)

Indicator Name Indicator Value Indicator Signal
ADX 56, 56, 0 Sell
MACD -0, -0Sell
Stochastics 99Buy
CCI 42Sell
RSI 52Buy
OBV 235Sell
VWAP 5Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Mid East ( (MidEast) ) based on a short term time period is

Price action analysis of Mid East ( (MidEast) ) based on a short term time period is

Price action analysis of Mid East ( (MidEast) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mid East ( (MidEast) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mid East stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mid East in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mid East Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mid East in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mid East is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.63 and Mid East (MidEast) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mid East (MidEast) stock. Volume based technical analysis of Mid East (MidEast) stock is negative.

Mid East Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Mid East charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme