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

(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 330177

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 22.75 22.35 22.75 22.25 0.176 times
16 Mon May 2022 21.70 20.35 21.70 20.35 0.163 times
13 Fri May 2022 20.70 20.85 21.85 20.50 0.52 times
12 Thu May 2022 20.85 21.45 21.45 20.85 0.209 times
11 Wed May 2022 21.90 22.50 22.60 21.90 0.405 times
10 Tue May 2022 23.05 24.00 25.45 23.05 0.874 times
09 Mon May 2022 24.25 24.25 25.05 24.25 0.351 times
06 Fri May 2022 25.50 25.50 25.50 25.50 0.031 times
05 Thu May 2022 26.80 27.20 27.40 26.80 1.02 times
04 Wed May 2022 28.20 29.95 30.40 28.20 0.668 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 21.9 as stoploss in an intra day buy trade for a target of 24.63. However, stock will show a bearish move below 21.9.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 17.55
Downside Target 19.40
Downside Target 19.80
Downside Target 20.35
Downside Target 21.50
Downside Target 22.75
Upside Target 25.30
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 21.15
Downside Intraday Target 19.55
Upside Intraday Target 23.55
Upside Intraday Target 24.35
Downside Intraday Target 21.95

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 22.75 20.35 22.75 20.35 0.144 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
22 Fri Apr 2022 23.20 20.20 25.30 19.80 8.262 times

Price has moved up 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
17 Tue May 2022 22.75 30.60 30.95 20.35 1.014 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 26, 35, 15 Sell
MACD -0, 1Sell
Stochastics 13Sell
CCI -37Buy
RSI 54Buy
OBV 2725234Sell
VWAP 24Sell
ADL 0Sell
ROC -23Sell
Force Index 0Sell

Price action analysis of Mep ( (Mep) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mep is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.26 and Mep (Mep) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Mep Stock has given negative 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

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