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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 2024-04-02 View latest technical analysis

10 day averaged volume of Mep Infra is 741978

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	12.25	11.40	12.55	11.40	0.675 times
01 Mon Apr 2024	12.00	10.95	12.05	10.95	0.767 times
28 Thu Mar 2024	11.50	12.10	12.10	11.05	0.94 times
27 Wed Mar 2024	11.55	12.10	12.35	11.50	1.795 times
26 Tue Mar 2024	12.10	12.30	13.10	12.00	1.03 times
22 Fri Mar 2024	12.50	12.20	12.50	12.20	1.256 times
21 Thu Mar 2024	11.95	11.00	11.95	10.90	1.55 times
20 Wed Mar 2024	11.40	11.05	11.45	10.55	1.126 times
12 Tue Mar 2024	12.75	12.75	12.75	12.75	0.087 times
11 Mon Mar 2024	13.40	14.00	14.00	13.40	0.045 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 12 as stoploss in an intra day buy trade for a target of 13.63. However, stock will show a bearish move below 12.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	10.55
Downside Target	10.95
Upside Target	12.55
Upside Target	13.00
Upside Target	13.60
Upside Target	14.00
Upside Target	14.90
Upside Target	15.95
Upside Target	17.10
Upside Target	17.15
Upside Target	20.60
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	11.28
Downside Intraday Target	10.32
Upside Intraday Target	12.88
Upside Intraday Target	13.52
Downside Intraday Target	11.92

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	12.25	10.95	12.55	10.95	0.383 times
28 Thu Mar 2024	11.50	12.30	13.10	11.05	0.927 times
22 Fri Mar 2024	12.50	14.00	14.00	10.55	1.925 times
07 Thu Mar 2024	14.10	15.95	15.95	13.00	1.044 times
02 Sat Mar 2024	15.20	15.60	17.10	14.90	0.604 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
02 Tue Apr 2024	12.25	10.95	12.55	10.95	0.141 times
28 Thu Mar 2024	11.50	15.10	15.95	10.55	0.803 times
29 Thu Feb 2024	15.10	21.00	22.25	15.05	0.636 times
30 Tue Jan 2024	15.85	15.50	17.15	13.60	5.539 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 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 11.89 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 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.