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

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

10 day averaged volume of Mep is 89522

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 22.40 22.00 22.65 21.50 0.404 times
26 Thu May 2022 21.70 20.75 21.90 20.65 0.905 times
25 Wed May 2022 21.70 22.70 22.85 21.70 0.801 times
24 Tue May 2022 22.80 23.90 24.15 22.80 0.375 times
23 Mon May 2022 23.95 24.40 25.25 23.40 1.191 times
20 Fri May 2022 24.05 23.00 24.15 23.00 0.855 times
19 Thu May 2022 23.00 22.05 23.05 21.50 0.932 times
18 Wed May 2022 22.55 23.45 23.85 21.90 1.776 times
17 Tue May 2022 22.75 22.35 22.75 22.25 0.649 times
16 Mon May 2022 21.70 20.35 21.70 20.35 0.6 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 21.2 as stoploss in an intra day buy trade for a target of 23.85. However, stock will show a bearish move below 21.2.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 17.55
Downside Target 19.40
Downside Target 20.35
Downside Target 21.50
Upside Target 23.00
Upside Target 24.15
Upside Target 25.25
Upside Target 29.50
Upside Target 30.00
Upside Target 30.95
Upside Target 32.10

Intraday share price targets for Mep (Mep)

Target Type Value
Downside Intraday Target 20.28
Downside Intraday Target 18.17
Upside Intraday Target 24.88
Upside Intraday Target 27.37
Upside Intraday Target 22.77

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 22.40 24.40 25.25 20.65 0.764 times
20 Fri May 2022 24.05 20.35 24.15 20.35 0.553 times
13 Fri May 2022 20.70 24.25 25.45 20.50 0.315 times
06 Fri May 2022 25.50 30.60 30.95 25.50 1.237 times
29 Fri Apr 2022 29.50 23.45 29.50 23.00 2.242 times

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

Monthly technical analysis of Mep (Mep)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 22.40 30.60 30.95 20.35 1.21 times
29 Fri Apr 2022 29.50 19.50 29.50 19.40 1.627 times
31 Thu Mar 2022 19.25 22.10 23.10 17.55 0.641 times
28 Mon Feb 2022 22.10 24.25 30.00 20.90 0.41 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 Mep (Mep)

Indicator Name Indicator Value Indicator Signal
ADX 30, 33, 5 Sell
MACD -0, -0Sell
Stochastics 32None
CCI -39Buy
RSI 53Buy
OBV 1251708Sell
VWAP 23Sell
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Mep ( (Mep) ) based on a short 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 Mep ( (Mep) ) based on a short 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 Mep ( (Mep) ) 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 Mep ( (Mep) ) 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 Mep stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mep Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mep in short term but BUY signal is weak.

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 Mep is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.74 and Mep (Mep) 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 Mep (Mep) stock. Volume based technical analysis of Mep (Mep) stock is negative.

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

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

Click here for Mep charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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