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 2024-06-27 View latest technical analysis

10 day averaged volume of Mep Infra is 201087

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	8.25	8.25	8.25	8.25	0.294 times
26 Wed Jun 2024	8.42	8.42	8.42	8.42	0.285 times
25 Tue Jun 2024	8.60	8.60	8.60	8.60	0.762 times
24 Mon Jun 2024	8.78	8.78	8.78	8.78	0.192 times
21 Fri Jun 2024	8.96	8.96	8.96	8.96	0.126 times
20 Thu Jun 2024	9.15	9.15	9.15	9.15	0.172 times
19 Wed Jun 2024	9.34	9.34	9.34	9.34	1.32 times
18 Tue Jun 2024	9.54	9.54	9.54	9.32	1.925 times
14 Fri Jun 2024	9.09	9.09	9.09	8.85	1.75 times
13 Thu Jun 2024	8.66	8.45	8.66	8.45	1.631 times

My analysis of stock is bearish for shortterm, and stock might move down till 7.9 or till 7.2. Use a stoploss of 8.41 and if the stock hits stoploss, then it can shoot up till 8.96

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	7.40
Downside Target	7.75
Downside Target	8.25
Upside 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	8.07
Downside Intraday Target	7.9
Upside Intraday Target	8.6
Upside Intraday Target	8.96
Upside Intraday Target	8.43

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	8.25	8.78	8.78	8.25	0.432 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
27 Thu Jun 2024	8.25	8.20	9.54	7.40	0.542 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 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 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.

Mep Infra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 9.04 and Mep Infra (MEP_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.