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

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

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Mep Infra is 639957

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	15.45	15.85	16.05	15.35	0.675 times
08 Mon Jan 2024	15.85	15.75	16.10	15.20	0.55 times
05 Fri Jan 2024	15.55	15.80	16.10	15.30	1.274 times
04 Thu Jan 2024	15.55	15.00	15.60	14.75	1.218 times
03 Wed Jan 2024	14.90	14.70	15.25	14.70	0.71 times
02 Tue Jan 2024	14.70	15.35	15.35	14.55	1.328 times
01 Mon Jan 2024	15.30	15.50	15.70	15.00	0.737 times
29 Fri Dec 2023	15.20	15.05	16.20	15.05	0.916 times
05 Mon Dec 2022	20.35	20.00	20.55	20.00	0.745 times
02 Fri Dec 2022	19.75	20.45	20.60	19.15	1.257 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.9 as stoploss in an intra day buy trade for a target of 16.82. However, stock will show a bearish move below 14.9.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	14.25
Downside Target	15.05
Upside Target	15.60
Upside Target	16.10
Upside Target	17.35
Upside Target	17.70
Upside Target	20.05
Upside Target	20.55
Upside Target	20.60
Upside Target	22.15

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	15.07
Downside Intraday Target	14.68
Upside Intraday Target	15.97
Upside Intraday Target	16.48
Upside Intraday Target	15.58

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	15.45	15.75	16.10	15.20	0.233 times
05 Fri Jan 2024	15.55	15.50	16.10	14.55	3.171 times
29 Fri Dec 2023	15.20	20.00	20.55	15.05	0.189 times
02 Fri Dec 2022	19.75	18.20	20.60	17.70	2.907 times
25 Fri Nov 2022	17.35	14.95	17.35	14.50	1.134 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 Infra (MEP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	15.45	15.50	16.10	14.55	1.552 times
29 Fri Dec 2023	15.20	20.00	20.60	15.05	0.24 times
30 Wed Nov 2022	19.70	15.20	20.05	14.25	4.059 times
31 Mon Oct 2022	14.95	14.75	15.60	14.30	23.478 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mep Infra (MEP_BE)

Price action analysis of Mep Infra ( (MEP_BE) ) 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 Infra ( (MEP_BE) ) based on a short to mid 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 Infra ( (MEP_BE) ) 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 Mep Infra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mep Infra 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 Infra 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 Infra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.28 and Mep Infra (MEP_BE) 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 Infra (MEP_BE) stock. Volume based technical analysis of Mep Infra (MEP_BE) stock is negative.

Mep Infra 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.