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(MEP) Mep Infrastructure complete technical analysis [charts+indicators] | Buy/Sell Mep Infrastructure | (MEP) share price targets

Complete technical analysis of Mep Infrastructure (MEP) by charts plus indicators, forecast predictions and share price targets for Mep Infrastructure (MEP)

Showing technical analysis as on 2023-12-08 View latest technical analysis

10 day averaged volume of Mep Infrastructure is 730596

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	12.40	12.35	12.65	12.25	0.856 times
07 Thu Dec 2023	12.30	12.75	12.75	12.15	1.162 times
06 Wed Dec 2023	12.60	12.95	13.05	12.25	0.681 times
05 Tue Dec 2023	12.85	13.00	13.05	12.75	0.537 times
04 Mon Dec 2023	12.85	13.25	13.30	12.85	1.029 times
01 Fri Dec 2023	13.05	13.00	13.35	12.90	2.705 times
30 Thu Nov 2023	12.85	12.95	13.20	12.60	1.136 times
29 Wed Nov 2023	12.85	13.20	13.35	12.60	0.919 times
28 Tue Nov 2023	12.90	13.10	13.40	12.85	0.683 times
24 Fri Nov 2023	13.00	12.90	13.35	12.80	0.728 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.3, for a target of 12.6 or 12.9

Share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Target	11.00
Downside Target	12.15
Downside Target	12.40
Upside Target	13.35
Upside Target	13.40
Upside Target	13.60
Upside Target	13.95
Upside Target	14.10
Upside Target	14.90

Intraday share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Intraday Target	11.93
Downside Intraday Target	11.47
Upside Intraday Target	13.08
Upside Intraday Target	13.77
Upside Intraday Target	12.62

Weekly technical analysis of Mep Infrastructure (MEP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	12.40	13.25	13.30	12.15	0.784 times
01 Fri Dec 2023	13.05	13.10	13.40	12.60	1.327 times
24 Fri Nov 2023	13.00	12.80	13.60	12.40	1.1 times
17 Fri Nov 2023	12.65	13.40	13.60	12.50	0.88 times
10 Fri Nov 2023	13.15	13.15	13.95	12.85	2.25 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 Infrastructure (MEP)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	12.40	13.00	13.35	12.15	0.436 times
30 Thu Nov 2023	12.85	12.75	13.95	12.40	0.613 times
31 Tue Oct 2023	12.65	12.25	14.90	11.30	1.171 times
29 Fri Sep 2023	12.20	11.40	14.10	11.20	1.244 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 Infrastructure (MEP)

Price action analysis of Mep Infrastructure ( (MEP) ) 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 Infrastructure ( (MEP) ) 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 Infrastructure ( (MEP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mep Infrastructure stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mep Infrastructure in short term and the sell signal is strong.

Mep Infrastructure 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mep Infrastructure in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mep Infrastructure is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.8 and Mep Infrastructure (MEP) 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 Infrastructure (MEP) stock. Volume based technical analysis of Mep Infrastructure (MEP) stock is negative.

Mep Infrastructure 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.