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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)

Showing technical analysis as on 2021-08-24 View latest technical analysis

10 day averaged volume of Mep is 125161

Date Daily Closing Price Open High Low Volume
24 Tue Aug 2021 20.75 19.65 21.25 19.65 0.18 times
23 Mon Aug 2021 20.40 20.30 21.40 19.40 0.918 times
20 Fri Aug 2021 20.30 20.50 20.70 19.25 1.038 times
18 Wed Aug 2021 21.15 24.35 24.35 20.35 0.556 times
17 Tue Aug 2021 22.60 23.55 24.00 22.45 0.246 times
16 Mon Aug 2021 23.55 24.55 24.55 22.80 4.093 times
13 Fri Aug 2021 22.35 21.25 22.35 20.40 0.623 times
12 Thu Aug 2021 20.35 19.70 20.75 19.05 0.336 times
11 Wed Aug 2021 19.20 21.20 21.35 19.15 1.636 times
10 Tue Aug 2021 21.25 22.05 22.15 20.85 0.264 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.8, but if it comes above 20.8, then a intra day buy could be more profitable.
If you take a sell trade below 20.8, then use 20.8 as stoploss and 19.2 as target. However if you take a buy trade in stock , then use 20.8 as stoploss and 22.16 as target.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 14.95
Downside Target 15.50
Downside Target 17.00
Downside Target 19.05
Upside Target 21.00
Upside Target 21.85
Upside Target 22.40
Upside Target 23.30
Upside Target 24.55
Upside Target 24.85
Upside Target 26.85
Upside Target 27.45
Upside Target 28.45

Intraday share price targets for Mep (Mep)

Target Type Value
Downside Intraday Target 19.63
Downside Intraday Target 18.52
Upside Intraday Target 21.63
Upside Intraday Target 22.52
Downside Intraday Target 20.52

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
24 Tue Aug 2021 20.75 20.30 21.40 19.40 0.185 times
20 Fri Aug 2021 20.30 24.55 24.55 19.25 1.883 times
13 Fri Aug 2021 22.35 23.25 23.30 19.05 1.986 times
06 Fri Aug 2021 23.05 22.75 24.85 21.85 0.654 times
30 Fri Jul 2021 23.05 24.75 24.75 22.50 1.296 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
24 Tue Aug 2021 20.75 22.75 24.85 19.05 0.851 times
30 Fri Jul 2021 23.05 24.30 28.45 22.40 0.687 times
30 Wed Jun 2021 24.75 22.20 27.45 21.00 1.076 times
31 Mon May 2021 21.70 15.85 26.85 15.50 7.739 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 18, 26, 18 Sell
MACD -1, -1Sell
Stochastics 26Sell
CCI -45Buy
RSI 45Sell
OBV 217706Sell
VWAP 22Sell
ADL 0Sell
ROC -5Sell
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 gaining 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 21.74 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 negative.

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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