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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 2023-09-28 View latest technical analysis

10 day averaged volume of Mep is 88864

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	12.19	12.47	12.52	12.14	0.222 times
27 Wed Sep 2023	12.23	12.86	12.86	12.03	0.64 times
26 Tue Sep 2023	12.61	12.96	12.96	12.58	0.93 times
25 Mon Sep 2023	12.71	11.95	12.75	11.95	1.932 times
22 Fri Sep 2023	11.95	11.58	12.19	11.58	0.582 times
21 Thu Sep 2023	11.82	11.82	12.18	11.76	0.944 times
20 Wed Sep 2023	12.00	12.14	12.60	11.83	1.439 times
18 Mon Sep 2023	11.98	12.05	12.74	11.90	1.694 times
15 Fri Sep 2023	12.44	12.00	13.10	12.00	0.894 times
14 Thu Sep 2023	12.10	12.32	12.43	12.01	0.554 times

My analysis of stock is bearish for shortterm, and stock might move down till 11.8 or till 11.1. Use a stoploss of 12.34 and if the stock hits stoploss, then it can shoot up till 12.91

Share price targets for Mep (Mep)

Target Type	Value
Downside Target	9.50
Downside Target	10.95
Downside Target	11.40
Downside Target	11.85
Upside Target	12.74
Upside Target	13.05
Upside Target	13.50
Upside Target	13.75
Upside Target	14.07
Upside Target	14.71
Upside Target	15.84

Intraday share price targets for Mep (Mep)

Target Type	Value
Downside Intraday Target	11.77
Downside Intraday Target	11.36
Upside Intraday Target	12.78
Upside Intraday Target	13.38
Upside Intraday Target	12.37

Weekly technical analysis of Mep (Mep)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	12.19	11.95	12.96	11.95	0.799 times
22 Fri Sep 2023	11.95	12.05	12.74	11.58	1.055 times
15 Fri Sep 2023	12.44	13.06	13.50	11.40	0.343 times
08 Fri Sep 2023	13.14	12.24	14.07	11.52	1.738 times
01 Fri Sep 2023	11.79	11.12	13.05	11.12	1.797 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
28 Thu Sep 2023	12.19	11.13	14.07	11.13	0.957 times
31 Thu Aug 2023	11.33	11.98	13.05	10.95	0.793 times
31 Mon Jul 2023	11.93	12.50	13.75	9.50	2.208 times
30 Fri Jun 2023	12.15	12.78	15.84	12.10	0.277 times

Scroll below to view daily charts

Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mep ( (Mep) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mep stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mep in short term but the sell signal is initial and weak.

Mep Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 12.24 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.