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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 2024-05-18 View latest technical analysis

10 day averaged volume of Mep Infra is 246021

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	8.45	8.10	8.50	7.85	0.684 times
17 Fri May 2024	8.10	8.20	8.25	8.00	0.616 times
16 Thu May 2024	8.20	8.35	8.40	7.90	0.302 times
15 Wed May 2024	8.15	8.50	8.50	8.10	0.595 times
14 Tue May 2024	8.15	7.50	8.15	7.50	0.357 times
13 Mon May 2024	7.80	8.15	8.30	7.75	1.085 times
10 Fri May 2024	8.15	8.20	8.20	7.75	1.005 times
09 Thu May 2024	7.85	8.15	8.15	7.75	1.072 times
08 Wed May 2024	8.05	8.05	8.35	8.05	2.27 times
07 Tue May 2024	8.45	9.00	9.00	8.45	1.197 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.6 as stoploss in an intra day sell trade for a target of 8.24. However, stock will show a bullish move above 8.6.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	7.50
Downside Target	8.20
Upside Target	8.50
Upside Target	8.95
Upside Target	9.25
Upside Target	10.20
Upside Target	10.55
Upside Target	12.55
Upside Target	13.60
Upside Target	15.05
Upside Target	15.95
Upside Target	17.15
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	7.8
Downside Intraday Target	7.15
Upside Intraday Target	8.8
Upside Intraday Target	9.15
Downside Intraday Target	8.15

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	8.45	8.15	8.50	7.50	0.517 times
10 Fri May 2024	8.15	9.00	9.25	7.75	0.47 times
03 Fri May 2024	8.90	7.95	8.95	7.60	0.489 times
26 Fri Apr 2024	8.00	8.25	9.00	7.50	1.418 times
19 Fri Apr 2024	8.30	10.20	10.20	8.20	1.043 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
18 Sat May 2024	8.45	8.35	9.25	7.50	0.212 times
30 Tue Apr 2024	8.15	10.95	12.55	7.50	3.196 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

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 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 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 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. 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 8.11 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.