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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 2023-03-23 View latest technical analysis

10 day averaged volume of Mep is 91406

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	14.10	14.35	14.59	14.03	0.526 times
22 Wed Mar 2023	14.31	14.32	14.52	14.03	0.143 times
21 Tue Mar 2023	14.18	14.55	14.89	13.92	0.788 times
20 Mon Mar 2023	14.19	13.90	14.50	13.90	0.402 times
17 Fri Mar 2023	14.61	14.58	15.00	13.90	0.5 times
16 Thu Mar 2023	14.47	13.80	14.64	13.30	1.031 times
15 Wed Mar 2023	13.95	14.82	14.92	13.95	0.798 times
14 Tue Mar 2023	14.68	15.09	15.18	14.35	1.719 times
13 Mon Mar 2023	15.10	15.97	15.97	15.09	1.522 times
10 Fri Mar 2023	15.88	15.25	16.57	15.25	1.895 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.3, but if it comes above 14.3, then a intra day buy could be more profitable.
If you take a sell trade below 14.3, then use 14.3 as stoploss and 13.1 as target. However if you take a buy trade in stock , then use 14.3 as stoploss and 15.3 as target.

Share price targets for Mep (Mep)

Target Type	Value
Downside Target	13.30
Downside Target	13.70
Upside Target	14.35
Upside Target	14.89
Upside Target	15.20
Upside Target	15.97
Upside Target	17.25
Upside Target	17.33
Upside Target	17.43
Upside Target	20.05
Upside Target	20.55
Upside Target	21.30

Intraday share price targets for Mep (Mep)

Target Type	Value
Downside Intraday Target	13.7
Downside Intraday Target	13.31
Upside Intraday Target	14.69
Upside Intraday Target	15.29
Upside Intraday Target	14.3

Weekly technical analysis of Mep (Mep)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	14.10	13.90	14.89	13.90	0.334 times
17 Fri Mar 2023	14.61	15.97	15.97	13.30	1.395 times
10 Fri Mar 2023	15.88	17.40	17.43	15.25	0.63 times
03 Fri Mar 2023	17.05	14.50	17.33	14.50	2.03 times
24 Fri Feb 2023	14.70	15.40	16.00	14.05	2.198 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
23 Thu Mar 2023	14.10	16.70	17.43	13.30	0.511 times
28 Tue Feb 2023	16.15	16.55	17.25	13.70	0.895 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

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)

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 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 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 SELL signal in short term but selling 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 14.8 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.