Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 2024-05-09 View latest technical analysis

10 day averaged volume of Mep is 175799

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 7.89 8.05 8.05 7.82 0.272 times
08 Wed May 2024 8.19 8.50 8.75 8.12 0.39 times
07 Tue May 2024 8.54 8.80 8.88 8.54 0.326 times
06 Mon May 2024 8.98 8.92 9.29 8.60 0.562 times
03 Fri May 2024 8.92 8.85 9.00 8.25 0.917 times
02 Thu May 2024 8.60 8.26 8.67 8.05 1.592 times
30 Tue Apr 2024 8.26 7.80 8.26 7.70 1.003 times
29 Mon Apr 2024 7.87 7.99 8.09 7.60 1.132 times
26 Fri Apr 2024 8.00 8.31 8.35 8.00 0.999 times
25 Thu Apr 2024 8.42 8.80 8.80 8.31 0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8, but if it comes above 8, then a intra day buy could be more profitable.
If you take a sell trade below 8, then use 8 as stoploss and 7 as target. However if you take a buy trade in stock , then use 8 as stoploss and 8.83 as target.

Share price targets for Mep (Mep)

Target Type Value
Downside Target 7.60
Upside Target 8.49
Upside Target 8.89
Upside Target 9.29
Upside Target 9.59
Upside Target 9.82
Upside Target 10.63
Upside Target 12.55
Upside Target 14.00
Upside Target 14.75
Upside Target 15.70
Upside Target 17.50
Upside Target 21.90

Intraday share price targets for Mep (Mep)

Target Type Value
Downside Intraday Target 7.38
Downside Intraday Target 6.86
Upside Intraday Target 8.85
Upside Intraday Target 9.8
Upside Intraday Target 8.33

Weekly technical analysis of Mep (Mep)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 7.89 8.92 9.29 7.82 0.334 times
03 Fri May 2024 8.92 7.99 9.00 7.60 0.56 times
26 Fri Apr 2024 8.00 8.26 8.89 7.67 2.652 times
19 Fri Apr 2024 8.49 9.88 9.88 8.49 0.509 times
12 Fri Apr 2024 10.40 10.13 10.63 9.59 0.799 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
09 Thu May 2024 7.89 8.26 9.29 7.82 0.148 times
30 Tue Apr 2024 8.26 10.84 12.55 7.60 1.466 times
28 Thu Mar 2024 11.41 14.70 15.70 9.82 0.635 times
29 Thu Feb 2024 15.00 16.82 21.90 14.75 1.62 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 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 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 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 BUY signal for Mep in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 8.38 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.

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 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 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 BUY signal for Mep in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 8.38 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
Back to top | Use Dark Theme