Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-03 View latest technical analysis

10 day averaged volume of Mep Infra is 687848

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	11.65	12.50	12.50	11.65	1.503 times
02 Tue Apr 2024	12.25	11.40	12.55	11.40	0.728 times
01 Mon Apr 2024	12.00	10.95	12.05	10.95	0.828 times
28 Thu Mar 2024	11.50	12.10	12.10	11.05	1.014 times
27 Wed Mar 2024	11.55	12.10	12.35	11.50	1.936 times
26 Tue Mar 2024	12.10	12.30	13.10	12.00	1.111 times
22 Fri Mar 2024	12.50	12.20	12.50	12.20	1.355 times
21 Thu Mar 2024	11.95	11.00	11.95	10.90	1.672 times
20 Wed Mar 2024	11.40	11.05	11.45	10.55	1.214 times
12 Tue Mar 2024	12.75	12.75	12.75	12.75	0.093 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.8, but if it comes above 11.8, then a intra day buy could be more profitable.
If you take a sell trade below 11.8, then use 11.8 as stoploss and 9.9 as target. However if you take a buy trade in stock , then use 11.8 as stoploss and 13.4 as target.

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	10.88
Downside Intraday Target	10.12
Upside Intraday Target	12.48
Upside Intraday Target	13.32
Upside Intraday Target	11.72

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	11.65	10.95	12.55	10.95	0.753 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
03 Wed Apr 2024	11.65	10.95	12.55	10.95	0.278 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 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 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 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.

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 coming down

CCI has generated a SELL signal for Mep Infra in short term but SELL 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 11.85 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.