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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)

10 day averaged volume of Mep Infra is 246021

Date Daily Closing Price Open High Low Volume
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

My analysis of stock is bearish for shortterm, and stock might move down till 7.9 or till 7.5. Use a stoploss of 8.24 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
Upside 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 7.57
Downside Intraday Target 7.03
Upside Intraday Target 8.57
Upside Intraday Target 9.03
Downside Intraday Target 8.03

Weekly technical analysis of Mep Infra (MEP_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 8.10 8.15 8.50 7.50 0.42 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 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
17 Fri May 2024 8.10 8.35 9.25 7.50 0.205 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 22, 31, 19 Sell
MACD -2, -2Buy
Stochastics 37None
CCI -26Sell
RSI 53Buy
OBV 977584Sell
VWAP 8Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 8.2 and Mep Infra (MEP_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.

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