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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 2024-01-29 View latest technical analysis

10 day averaged volume of Mep Infra is 727099

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	15.10	15.20	15.25	14.15	1.009 times
25 Thu Jan 2024	14.80	14.50	14.95	14.00	0.433 times
24 Wed Jan 2024	14.40	14.80	14.95	13.60	0.472 times
23 Tue Jan 2024	14.30	15.40	15.40	14.25	0.967 times
22 Mon Jan 2024	15.00	15.60	15.70	14.90	0.629 times
19 Fri Jan 2024	15.20	15.20	15.75	14.65	0.57 times
18 Thu Jan 2024	15.10	15.25	15.55	14.60	0.914 times
17 Wed Jan 2024	15.25	15.85	15.85	15.10	0.742 times
16 Tue Jan 2024	15.90	16.05	16.85	15.90	1.389 times
15 Mon Jan 2024	16.70	16.50	17.15	16.15	1.716 times

My analysis of stock is bearish for shortterm, and stock might move down till 14.8 or till 14. Use a stoploss of 15.34 and if the stock hits stoploss, then it can shoot up till 15.93

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	13.60
Downside Target	14.15
Downside Target	14.95
Upside Target	15.60
Upside Target	16.10
Upside Target	16.55
Upside Target	17.15
Upside Target	20.05
Upside Target	20.60
Upside Target	22.15

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	14.42
Downside Intraday Target	13.73
Upside Intraday Target	15.52
Upside Intraday Target	15.93
Downside Intraday Target	14.83

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	15.10	15.20	15.25	14.15	0.404 times
25 Thu Jan 2024	14.80	15.60	15.70	13.60	0.469 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

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
29 Mon Jan 2024	15.10	15.50	17.15	13.60	5.248 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 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 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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

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 15.41 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.