Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-19 View latest technical analysis

10 day averaged volume of Mep Infra is 852362

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	15.20	15.20	15.75	14.65	0.486 times
18 Thu Jan 2024	15.10	15.25	15.55	14.60	0.779 times
17 Wed Jan 2024	15.25	15.85	15.85	15.10	0.633 times
16 Tue Jan 2024	15.90	16.05	16.85	15.90	1.185 times
15 Mon Jan 2024	16.70	16.50	17.15	16.15	1.464 times
12 Fri Jan 2024	16.35	16.20	16.55	15.60	1.849 times
11 Thu Jan 2024	15.80	15.80	16.25	15.50	1.677 times
10 Wed Jan 2024	15.50	15.40	15.75	14.95	0.536 times
09 Tue Jan 2024	15.45	15.85	16.05	15.35	0.507 times
08 Mon Jan 2024	15.85	15.75	16.10	15.20	0.413 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 14.6 as stoploss in an intra day buy trade for a target of 16.41. However, stock will show a bearish move below 14.6.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	14.25
Downside Target	14.95
Upside Target	15.60
Upside Target	16.10
Upside 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	14.15
Downside Intraday Target	13.1
Upside Intraday Target	16.7
Upside Intraday Target	18.2
Upside Intraday Target	15.65

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	15.20	16.50	17.15	14.60	0.913 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 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
19 Fri Jan 2024	15.20	15.50	17.15	14.55	4.294 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 down 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 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 Infra ( (MEP_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

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 moving up

CCI has generated a buy signal for Mep Infra in short term but BUY signal is weak.

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

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 15.9 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.