(Mehai) Mehai complete technical analysis [charts+indicators] | Buy/Sell Mehai | (Mehai) share price targets
Complete technical analysis of Mehai (Mehai) by charts plus indicators, forecast predictions and share price targets for Mehai (Mehai)
10 day averaged volume of Mehai is 5955
|Date||Daily Closing Price||Open||High||Low||Volume|
|14 Mon Jun 2021||61.35||67.85||67.85||60.00||0.291 times|
|11 Fri Jun 2021||62.05||67.50||67.50||59.00||1.349 times|
|10 Thu Jun 2021||61.65||63.90||63.90||58.35||0.466 times|
|09 Wed Jun 2021||61.45||66.00||67.00||57.20||3.025 times|
|08 Tue Jun 2021||62.00||63.80||63.80||61.95||1.45 times|
|07 Mon Jun 2021||63.10||67.80||67.80||62.55||0.7 times|
|04 Fri Jun 2021||63.90||65.00||65.90||62.50||0.016 times|
|03 Thu Jun 2021||64.90||65.15||65.20||62.00||0.42 times|
|02 Wed Jun 2021||64.70||61.40||66.05||61.40||0.785 times|
|01 Tue Jun 2021||63.40||66.10||66.10||63.25||0.337 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.1, but if it comes above 62.1, then a intra day buy could be more profitable.
If you take a sell trade below 62.1, then use 62.1 as stoploss and 60.6 as target. However if you take a buy trade in stock , then use 62.1 as stoploss and 63.4 as target.
Share price targets for Mehai (Mehai)
Intraday share price targets for Mehai (Mehai)
|Downside Intraday Target||58.28|
|Downside Intraday Target||55.22|
|Upside Intraday Target||66.13|
|Upside Intraday Target||70.92|
|Upside Intraday Target||63.07|
Weekly technical analysis of Mehai (Mehai)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|14 Mon Jun 2021||61.35||67.85||67.85||60.00||0.042 times|
|11 Fri Jun 2021||62.05||67.80||67.80||57.20||2.322 times|
|04 Fri Jun 2021||63.90||66.60||66.60||61.40||0.368 times|
|28 Fri May 2021||63.75||61.50||67.90||61.50||0.676 times|
|21 Fri May 2021||63.40||68.50||68.50||59.25||1.985 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 Mehai (Mehai)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|14 Mon Jun 2021||61.35||66.10||67.85||57.20||0.232 times|
|31 Mon May 2021||64.05||65.20||70.00||59.25||0.455 times|
|30 Fri Apr 2021||67.25||95.30||95.30||53.90||2.08 times|
|31 Wed Mar 2021||97.20||76.40||105.00||73.50||0.661 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 Mehai (Mehai)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||13, 13, 1||Buy|
Price action analysis of Mehai ( (Mehai) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mehai ( (Mehai) ) 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 Mehai ( (Mehai) ) 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 Mehai ( (Mehai) ) based on a mid to longer 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.
ADX buy sell signal for Mehai stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mehai in short term and the sell signal is strong.
Mehai 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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mehai in short term but BUY signal is weak.
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 Mehai is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.3 and Mehai (Mehai) 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 Mehai (Mehai) stock. Volume based technical analysis of Mehai (Mehai) stock is negative.
Mehai 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.