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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 2024-06-24 View latest technical analysis

10 day averaged volume of Mep Infra is 232765

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	8.78	8.78	8.78	8.78	0.166 times
21 Fri Jun 2024	8.96	8.96	8.96	8.96	0.109 times
20 Thu Jun 2024	9.15	9.15	9.15	9.15	0.149 times
19 Wed Jun 2024	9.34	9.34	9.34	9.34	1.141 times
18 Tue Jun 2024	9.54	9.54	9.54	9.32	1.663 times
14 Fri Jun 2024	9.09	9.09	9.09	8.85	1.512 times
13 Thu Jun 2024	8.66	8.45	8.66	8.45	1.409 times
12 Wed Jun 2024	8.25	7.90	8.25	7.87	1.587 times
11 Tue Jun 2024	7.86	7.82	8.00	7.75	0.829 times
10 Mon Jun 2024	7.82	8.05	8.05	7.75	0.835 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 8.9 as stoploss in an intra day sell trade for a target of 8.35. However, stock will show a bullish move above 8.9.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	7.40
Downside Target	7.75
Downside Target	8.25
Downside Target	8.78
Upside Target	8.96
Upside Target	9.54
Upside Target	10.55
Upside Target	12.55
Upside Target	15.05
Upside Target	15.95
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	8.78
Downside Intraday Target	8.78
Downside Intraday Target	8.78
Downside Intraday Target	8.78
Downside Intraday Target	8.78

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	8.78	8.78	8.78	8.78	0.054 times
21 Fri Jun 2024	8.96	9.54	9.54	8.96	0.496 times
14 Fri Jun 2024	9.09	8.05	9.09	7.75	1.129 times
07 Fri Jun 2024	7.90	8.20	8.40	7.40	1.402 times
31 Fri May 2024	7.85	8.25	8.25	7.50	1.084 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
24 Mon Jun 2024	8.78	8.20	9.54	7.40	0.502 times
31 Fri May 2024	7.85	8.35	9.25	7.50	0.284 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 BUY. 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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 and the buying is gaining 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 8.77 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.