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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 2023-02-01 View latest technical analysis

10 day averaged volume of Mep is 127103

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 15.10 16.55 16.55 15.10 0.703 times
31 Tue Jan 2023 15.85 16.50 16.60 15.55 2.213 times
30 Mon Jan 2023 16.00 16.30 16.30 15.50 0.145 times
27 Fri Jan 2023 15.60 16.20 16.20 15.20 0.771 times
25 Wed Jan 2023 15.95 16.40 16.85 15.95 1.257 times
24 Tue Jan 2023 16.75 17.05 17.20 16.55 0.426 times
23 Mon Jan 2023 16.95 16.00 16.95 16.00 2.071 times
20 Fri Jan 2023 16.15 16.65 16.65 16.00 0.504 times
19 Thu Jan 2023 16.40 17.00 17.25 16.40 0.52 times
18 Wed Jan 2023 16.95 16.75 17.70 16.55 0.979 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, but if it comes above 16, then a intra day buy could be more profitable.
If you take a sell trade below 16, then use 16 as stoploss and 14.2 as target. However if you take a buy trade in stock , then use 16 as stoploss and 17.46 as target.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 10.70
Downside Target 14.35
Downside Target 15.10
Upside Target 16.00
Upside Target 17.10
Upside Target 17.90
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 14.6
Downside Intraday Target 14.1
Upside Intraday Target 16.1
Upside Intraday Target 17.1
Upside Intraday Target 15.6

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 15.10 16.30 16.60 15.10 0.676 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 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
01 Wed Feb 2023 15.10 16.55 16.55 15.10 0.032 times
31 Tue Jan 2023 15.85 17.10 20.55 15.20 0.788 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

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 14, 28, 33 Sell
MACD -1, -1Sell
Stochastics 15Sell
CCI -115Sell
RSI 53Buy
OBV -54555Sell
VWAP 16Sell
ADL 0Sell
ROC -12Sell
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 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 red color and prices are below the red 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 16.23 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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