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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 2024-05-22 View latest technical analysis

10 day averaged volume of Mep Infra is 213735

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	8.15	8.20	8.35	8.00	1.168 times
21 Tue May 2024	8.15	8.45	8.50	8.10	0.807 times
18 Sat May 2024	8.45	8.10	8.50	7.85	0.788 times
17 Fri May 2024	8.10	8.20	8.25	8.00	0.709 times
16 Thu May 2024	8.20	8.35	8.40	7.90	0.348 times
15 Wed May 2024	8.15	8.50	8.50	8.10	0.685 times
14 Tue May 2024	8.15	7.50	8.15	7.50	0.41 times
13 Mon May 2024	7.80	8.15	8.30	7.75	1.249 times
10 Fri May 2024	8.15	8.20	8.20	7.75	1.157 times
09 Thu May 2024	7.85	8.15	8.15	7.75	1.234 times

My analysis of stock is bearish for shortterm, and stock might move down till 7.9 or till 7.6. Use a stoploss of 8.25 and if the stock hits stoploss, then it can shoot up till 8.56

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	7.50
Downside Target	8.00
Upside Target	8.50
Upside Target	8.95
Upside Target	9.25
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	7.93
Downside Intraday Target	7.72
Upside Intraday Target	8.43
Upside Intraday Target	8.72
Upside Intraday Target	8.22

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	8.15	8.45	8.50	8.00	0.471 times
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

Price has moved down 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
22 Wed May 2024	8.15	8.35	9.25	7.50	0.23 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 down 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 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 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 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 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 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 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 8.08 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 negative.

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