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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 2024-01-15 View latest technical analysis

10 day averaged volume of Mep Infra is 761693

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	16.70	16.50	17.15	16.15	1.638 times
12 Fri Jan 2024	16.35	16.20	16.55	15.60	2.069 times
11 Thu Jan 2024	15.80	15.80	16.25	15.50	1.876 times
10 Wed Jan 2024	15.50	15.40	15.75	14.95	0.6 times
09 Tue Jan 2024	15.45	15.85	16.05	15.35	0.567 times
08 Mon Jan 2024	15.85	15.75	16.10	15.20	0.462 times
05 Fri Jan 2024	15.55	15.80	16.10	15.30	1.071 times
04 Thu Jan 2024	15.55	15.00	15.60	14.75	1.023 times
03 Wed Jan 2024	14.90	14.70	15.25	14.70	0.597 times
02 Tue Jan 2024	14.70	15.35	15.35	14.55	1.115 times

My analysis of stock is bearish for shortterm, and stock might move down till 15 or till 12.8. Use a stoploss of 16.9 and if the stock hits stoploss, then it can shoot up till 18.77

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
Downside Target	16.55
Upside Target	17.15
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	16.18
Downside Intraday Target	15.67
Upside Intraday Target	17.18
Upside Intraday Target	17.67
Downside Intraday Target	16.67

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	16.70	16.50	17.15	16.15	0.294 times
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

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
15 Mon Jan 2024	16.70	15.50	17.15	14.55	3.312 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mep Infra 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 Infra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mep Infra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.8 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.