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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 2024-01-12 View latest technical analysis

10 day averaged volume of Mep Infra is 662691

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	16.35	16.20	16.55	15.60	2.378 times
11 Thu Jan 2024	15.80	15.80	16.25	15.50	2.157 times
10 Wed Jan 2024	15.50	15.40	15.75	14.95	0.689 times
09 Tue Jan 2024	15.45	15.85	16.05	15.35	0.652 times
08 Mon Jan 2024	15.85	15.75	16.10	15.20	0.532 times
05 Fri Jan 2024	15.55	15.80	16.10	15.30	1.231 times
04 Thu Jan 2024	15.55	15.00	15.60	14.75	1.176 times
03 Wed Jan 2024	14.90	14.70	15.25	14.70	0.686 times
02 Tue Jan 2024	14.70	15.35	15.35	14.55	1.282 times
01 Mon Jan 2024	15.30	15.50	15.70	15.00	0.712 times

Stock of Mep Infra (MEP_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 15 or till 12.7. Use a stoploss of 16.86 and if the stock hits stoploss, then it can shoot up till 18.75

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	14.25
Downside Target	14.95
Downside Target	15.60
Downside Target	16.10
Upside Target	16.55
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	15.35
Downside Intraday Target	14.35
Upside Intraday Target	16.95
Upside Intraday Target	17.55
Downside Intraday Target	15.95

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	16.35	15.75	16.55	14.95	1.26 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 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 Infra (MEP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	16.35	15.50	16.55	14.55	2.846 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 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 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 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 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 Weak and stock is losing momentum.

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

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

Mep Infra 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mep Infra in short term and BUY signal is strong.

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 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 15.62 and Mep Infra (MEP_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.