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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 2024-02-14 View latest technical analysis

10 day averaged volume of Mep Infra is 820338

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Feb 2024	18.75	18.70	20.60	18.70	1.154 times
13 Tue Feb 2024	19.65	20.65	21.00	19.65	1.138 times
12 Mon Feb 2024	20.65	21.00	22.25	20.15	3.484 times
30 Tue Jan 2024	15.85	15.35	15.85	15.35	0.951 times
29 Mon Jan 2024	15.10	15.20	15.25	14.15	0.895 times
25 Thu Jan 2024	14.80	14.50	14.95	14.00	0.383 times
24 Wed Jan 2024	14.40	14.80	14.95	13.60	0.418 times
23 Tue Jan 2024	14.30	15.40	15.40	14.25	0.857 times
22 Mon Jan 2024	15.00	15.60	15.70	14.90	0.558 times
19 Fri Jan 2024	15.20	15.20	15.75	14.65	0.505 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.7, but if it comes below 17.7, then a intra day sell could be more profitable.
If you take a sell trade below 17.7, then use 17.7 as stoploss and 16.06 as target. However if you take a buy trade in stock , then use 17.7 as stoploss and 19.7 as target.

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	18.70
Upside Target	20.05
Upside Target	20.60
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	17.55
Downside Intraday Target	16.35
Upside Intraday Target	21.1
Upside Intraday Target	23.45
Upside Intraday Target	19.9

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Feb 2024	18.75	21.00	22.25	18.70	3.129 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
14 Wed Feb 2024	18.75	21.00	22.25	18.70	0.32 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 losing momentum.

MACD generated a BUY signal for Mep Infra in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 17.84 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.