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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 2023-01-19 View latest technical analysis

10 day averaged volume of Mep is 89727

Date Daily Closing Price Open High Low Volume
19 Thu Jan 2023 16.40 17.00 17.25 16.40 0.737 times
18 Wed Jan 2023 16.95 16.75 17.70 16.55 1.387 times
17 Tue Jan 2023 17.10 17.90 17.90 16.95 1.578 times
16 Mon Jan 2023 17.80 18.20 19.10 17.70 1.772 times
13 Fri Jan 2023 18.35 18.20 18.85 17.90 0.562 times
12 Thu Jan 2023 18.25 18.80 18.95 17.90 0.272 times
11 Wed Jan 2023 18.50 18.95 18.95 18.25 0.426 times
10 Tue Jan 2023 19.00 19.55 19.95 19.00 0.614 times
09 Mon Jan 2023 19.95 19.95 20.55 19.80 0.845 times
06 Fri Jan 2023 19.90 19.10 20.20 18.90 1.656 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.1, but if it comes above 17.1, then a intra day buy could be more profitable.
If you take a sell trade below 17.1, then use 17.1 as stoploss and 15.9 as target. However if you take a buy trade in stock , then use 17.1 as stoploss and 18.14 as target.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 10.60
Downside Target 14.35
Downside Target 16.30
Upside Target 17.10
Upside Target 17.75
Upside Target 18.50
Upside Target 19.10
Upside Target 20.05
Upside Target 20.20
Upside Target 20.55
Upside Target 21.30

Intraday share price targets for Mep (Mep)

Target Type Value
Downside Intraday Target 15.5
Downside Intraday Target 14.6
Upside Intraday Target 18.2
Upside Intraday Target 20
Upside Intraday Target 17.3

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
19 Thu Jan 2023 16.40 18.20 19.10 16.40 2.012 times
13 Fri Jan 2023 18.35 19.95 20.55 17.90 0.221 times
06 Fri Jan 2023 19.90 17.10 20.20 17.10 4.004 times
30 Fri Dec 2022 17.40 16.30 18.50 16.30 0.221 times
23 Fri Dec 2022 17.10 19.30 20.55 17.10 0.987 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 Mep (Mep)

Date Monthly Closing Price Open High Low Volume
19 Thu Jan 2023 16.40 17.10 20.55 16.40 0.522 times
30 Fri Dec 2022 17.40 19.60 21.30 16.30 0.981 times
30 Wed Nov 2022 19.69 15.20 20.05 14.35 0.315 times
31 Mon Oct 2022 14.95 11.24 16.42 10.70 0.609 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 17, 27, 24 Sell
MACD -0, 0Sell
Stochastics 5Sell
CCI -134Sell
RSI 51Buy
OBV 196064Sell
VWAP 18Sell
ADL 0Sell
ROC -15Sell
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 Strong 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mep in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 18.15 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

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

Daily chart

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