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(MEP) Mep Infrastructure complete technical analysis [charts+indicators] | Buy/Sell Mep Infrastructure | (MEP) share price targets

Complete technical analysis of Mep Infrastructure (MEP) by charts plus indicators, forecast predictions and share price targets for Mep Infrastructure (MEP)

Showing technical analysis as on 2023-12-15 View latest technical analysis

10 day averaged volume of Mep Infrastructure is 755043

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Dec 2023	12.10	12.35	12.40	11.95	1.587 times
14 Thu Dec 2023	12.25	12.50	12.60	12.15	1.169 times
13 Wed Dec 2023	12.35	12.40	12.45	12.20	0.549 times
12 Tue Dec 2023	12.30	12.65	12.65	12.00	0.918 times
11 Mon Dec 2023	12.50	12.50	12.70	12.40	0.62 times
08 Fri Dec 2023	12.40	12.35	12.65	12.25	0.829 times
07 Thu Dec 2023	12.30	12.75	12.75	12.15	1.125 times
06 Wed Dec 2023	12.60	12.95	13.05	12.25	0.659 times
05 Tue Dec 2023	12.85	13.00	13.05	12.75	0.519 times
04 Mon Dec 2023	12.85	13.25	13.30	12.85	0.995 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12, for a target of 12.4 or 12.68

Share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Target	11.00
Downside Target	11.95
Upside Target	12.40
Upside Target	13.10
Upside Target	13.30
Upside Target	13.35
Upside Target	13.40
Upside Target	13.60
Upside Target	13.95
Upside Target	14.10
Upside Target	14.90

Intraday share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Intraday Target	11.8
Downside Intraday Target	11.5
Upside Intraday Target	12.55
Upside Intraday Target	13
Upside Intraday Target	12.25

Weekly technical analysis of Mep Infrastructure (MEP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Dec 2023	12.10	12.50	12.70	11.95	1.173 times
08 Fri Dec 2023	12.40	13.25	13.30	12.15	0.784 times
01 Fri Dec 2023	13.05	13.10	13.40	12.60	1.327 times
24 Fri Nov 2023	13.00	12.80	13.60	12.40	1.1 times
17 Fri Nov 2023	12.65	13.40	13.60	12.50	0.88 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 Infrastructure (MEP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Dec 2023	12.10	13.00	13.35	11.95	0.75 times
30 Thu Nov 2023	12.85	12.75	13.95	12.40	0.613 times
31 Tue Oct 2023	12.65	12.25	14.90	11.30	1.171 times
29 Fri Sep 2023	12.20	11.40	14.10	11.20	1.244 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 Infrastructure (MEP)

Price action analysis of Mep Infrastructure ( (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 Infrastructure ( (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 Infrastructure ( (MEP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mep Infrastructure stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mep Infrastructure in short term and the sell signal is strong.

Mep Infrastructure 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 Infrastructure in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mep Infrastructure is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.4 and Mep Infrastructure (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 Infrastructure (MEP) stock. Volume based technical analysis of Mep Infrastructure (MEP) stock is negative.

Mep Infrastructure 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.