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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 2024-01-22 View latest technical analysis

10 day averaged volume of Mep Infra is 812236

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	15.00	15.60	15.70	14.90	0.564 times
19 Fri Jan 2024	15.20	15.20	15.75	14.65	0.51 times
18 Thu Jan 2024	15.10	15.25	15.55	14.60	0.818 times
17 Wed Jan 2024	15.25	15.85	15.85	15.10	0.665 times
16 Tue Jan 2024	15.90	16.05	16.85	15.90	1.243 times
15 Mon Jan 2024	16.70	16.50	17.15	16.15	1.536 times
12 Fri Jan 2024	16.35	16.20	16.55	15.60	1.94 times
11 Thu Jan 2024	15.80	15.80	16.25	15.50	1.759 times
10 Wed Jan 2024	15.50	15.40	15.75	14.95	0.563 times
09 Tue Jan 2024	15.45	15.85	16.05	15.35	0.532 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 14.5 as stoploss in an intra day buy trade for a target of 16.18. However, stock will show a bearish move below 14.5.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	14.25
Downside Target	14.90
Upside Target	15.60
Upside Target	16.10
Upside Target	16.55
Upside Target	17.15
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	14.7
Downside Intraday Target	14.4
Upside Intraday Target	15.5
Upside Intraday Target	16
Upside Intraday Target	15.2

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	15.00	15.60	15.70	14.90	0.118 times
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

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
22 Mon Jan 2024	15.00	15.50	17.15	14.55	4.465 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 to mid 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 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 coming down

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 but selling is losing 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 15.85 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.