(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 2023-01-30 View latest technical analysis
10 day averaged volume of Mep is 118074
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Mon Jan 2023||16.00||16.30||16.30||15.50||0.156 times|
|27 Fri Jan 2023||15.60||16.20||16.20||15.20||0.83 times|
|25 Wed Jan 2023||15.95||16.40||16.85||15.95||1.353 times|
|24 Tue Jan 2023||16.75||17.05||17.20||16.55||0.458 times|
|23 Mon Jan 2023||16.95||16.00||16.95||16.00||2.23 times|
|20 Fri Jan 2023||16.15||16.65||16.65||16.00||0.543 times|
|19 Thu Jan 2023||16.40||17.00||17.25||16.40||0.56 times|
|18 Wed Jan 2023||16.95||16.75||17.70||16.55||1.054 times|
|17 Tue Jan 2023||17.10||17.90||17.90||16.95||1.199 times|
|16 Mon Jan 2023||17.80||18.20||19.10||17.70||1.346 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.4, but if it comes above 16.4, then a intra day buy could be more profitable.
If you take a sell trade below 16.4, then use 16.4 as stoploss and 14.8 as target. However if you take a buy trade in stock , then use 16.4 as stoploss and 17.78 as target.
Share price targets for Mep (Mep)
Intraday share price targets for Mep (Mep)
|Downside Intraday Target||15.57|
|Downside Intraday Target||15.13|
|Upside Intraday Target||16.37|
|Upside Intraday Target||16.73|
|Downside Intraday Target||15.93|
Weekly technical analysis of Mep (Mep)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Mon Jan 2023||16.00||16.30||16.30||15.50||0.032 times|
|27 Fri Jan 2023||15.60||16.00||17.20||15.20||1.036 times|
|20 Fri Jan 2023||16.15||18.20||19.10||16.00||2.275 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|
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|
|30 Mon Jan 2023||16.00||17.10||20.55||15.20||0.708 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||15, 31, 35||Sell|
Price action analysis of Mep ( (Mep) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 16.73 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.
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