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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 2024-07-30 View latest technical analysis

10 day averaged volume of Mep Infra is 105645

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	7.33	7.33	7.33	7.33	0.122 times
29 Mon Jul 2024	6.99	6.99	6.99	6.99	0.714 times
26 Fri Jul 2024	6.66	6.66	6.66	6.66	0.677 times
25 Thu Jul 2024	6.53	6.53	6.53	6.53	0.092 times
24 Wed Jul 2024	6.41	6.35	6.41	6.35	2.571 times
23 Tue Jul 2024	6.29	6.26	6.29	6.26	0.705 times
22 Mon Jul 2024	6.39	6.39	6.39	6.39	1.017 times
19 Fri Jul 2024	6.53	6.63	6.63	6.50	0.74 times
18 Thu Jul 2024	6.64	6.63	6.65	6.63	1.042 times
16 Tue Jul 2024	6.77	6.82	6.82	6.77	1.327 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 7.4 as stoploss in an intra day sell trade for a target of 6.96. However, stock will show a bullish move above 7.4.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	6.26
Downside Target	6.50
Downside Target	6.66
Downside Target	6.86
Downside Target	7.28
Upside Target	7.91
Upside Target	9.25
Upside Target	9.54
Upside Target	10.55
Upside Target	12.55
Upside Target	15.95

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	7.1
Downside Intraday Target	6.88
Upside Intraday Target	7.44
Upside Intraday Target	7.56
Downside Intraday Target	7.22

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	7.33	6.99	7.33	6.99	0.165 times
26 Fri Jul 2024	6.66	6.39	6.66	6.26	1.199 times
19 Fri Jul 2024	6.53	6.84	6.93	6.50	0.491 times
12 Fri Jul 2024	6.98	7.28	7.28	6.86	1.205 times
05 Fri Jul 2024	7.41	7.91	7.91	7.39	2.037 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
30 Tue Jul 2024	7.33	7.91	7.91	6.26	0.72 times
28 Fri Jun 2024	8.08	8.20	9.54	7.40	0.551 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

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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mep Infra stock for short term is BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining 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 6.57 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 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.