(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 191317
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 7.85 | 7.85 | 8.10 | 7.50 | 0.827 times |
| 30 Thu May 2024 | 7.85 | 7.90 | 8.00 | 7.60 | 0.963 times |
| 29 Wed May 2024 | 7.85 | 8.00 | 8.20 | 7.70 | 1.256 times |
| 28 Tue May 2024 | 8.00 | 8.25 | 8.25 | 7.90 | 0.854 times |
| 27 Mon May 2024 | 8.15 | 8.25 | 8.25 | 7.90 | 0.843 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.9, but if it comes above 7.9, then a intra day buy could be more profitable.
If you take a sell trade below 7.9, then use 7.9 as stoploss and 7.6 as target. However if you take a buy trade in stock , then use 7.9 as stoploss and 8.12 as target.
Share price targets for Mep Infra (MEP_BE)
| Target Type | Value |
| Downside Target | 7.50 |
| Upside Target | 8.25 |
| 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 | 7.48 |
| Downside Intraday Target | 7.12 |
| Upside Intraday Target | 8.23 |
| Upside Intraday Target | 8.62 |
| Upside Intraday Target | 7.87 |
Weekly technical analysis of Mep Infra (MEP_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 7.85 | 8.25 | 8.25 | 7.50 | 0.903 times |
| 24 Fri May 2024 | 8.05 | 8.10 | 8.50 | 7.85 | 1.383 times |
| 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 |
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 |
| 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 |
| 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 | 11, 19, 29 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 27 | Sell |
| CCI | -125 | Sell |
| RSI | 56 | Buy |
| OBV | -686959 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mep Infra ( (MEP_BE) ) based on a short 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 short 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 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 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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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
RSI is generating a BUY signal in short term but buying is losing 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 8.07 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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