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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 2024-02-12 View latest technical analysis

10 day averaged volume of Mep Infra is 596126

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	20.65	21.00	22.25	20.15	4.795 times
30 Tue Jan 2024	15.85	15.35	15.85	15.35	1.309 times
29 Mon Jan 2024	15.10	15.20	15.25	14.15	1.231 times
25 Thu Jan 2024	14.80	14.50	14.95	14.00	0.528 times
24 Wed Jan 2024	14.40	14.80	14.95	13.60	0.576 times
23 Tue Jan 2024	14.30	15.40	15.40	14.25	1.18 times
22 Mon Jan 2024	15.00	15.60	15.70	14.90	0.768 times
19 Fri Jan 2024	15.20	15.20	15.75	14.65	0.695 times
18 Thu Jan 2024	15.10	15.25	15.55	14.60	1.114 times
17 Wed Jan 2024	15.25	15.85	15.85	15.10	0.906 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 18.5, for a target of 16.9 or 15.66

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	13.60
Downside Target	14.15
Downside Target	14.60
Downside Target	14.95
Downside Target	15.60
Downside Target	16.55
Downside Target	17.15
Downside Target	20.05
Downside Target	20.15
Downside Target	20.60
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	19.78
Downside Intraday Target	18.92
Upside Intraday Target	21.88
Upside Intraday Target	23.12
Upside Intraday Target	21.02

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	20.65	21.00	22.25	20.15	1.887 times
30 Tue Jan 2024	15.85	15.20	15.85	14.15	0.833 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mep Infra (MEP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	20.65	21.00	22.25	20.15	0.193 times
30 Tue Jan 2024	15.85	15.50	17.15	13.60	5.539 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

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 in or above 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 BUY signal in short term and the buying is gaining 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 17.1 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 positive

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