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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 2024-02-07 View latest technical analysis

10 day averaged volume of Mep Infrastructure is 2515739

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	18.45	18.15	18.45	17.35	1.586 times
06 Tue Feb 2024	16.80	16.25	16.80	15.65	0.732 times
05 Mon Feb 2024	16.00	16.15	16.60	15.90	0.352 times
02 Fri Feb 2024	16.05	15.95	16.60	15.80	0.457 times
01 Thu Feb 2024	15.95	16.90	16.95	15.85	0.428 times
31 Wed Jan 2024	16.50	16.35	16.60	15.25	0.998 times
28 Thu Dec 2023	15.70	15.35	16.80	15.20	1.022 times
27 Wed Dec 2023	15.35	16.20	16.60	15.10	0.523 times
26 Tue Dec 2023	16.15	16.20	16.85	15.70	0.634 times
22 Fri Dec 2023	16.05	16.10	16.75	15.90	0.857 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 19, for a target of 16.6 or 14.66

Share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Target	11.30
Downside Target	11.95
Downside Target	12.40
Downside Target	12.70
Downside Target	13.95
Downside Target	14.90
Downside Target	15.65
Downside Target	16.60
Downside Target	16.85
Downside Target	16.95
Downside Target	17.50
Downside Target	18.45

Intraday share price targets for Mep Infrastructure (MEP)

Target Type	Value
Downside Intraday Target	16.58
Downside Intraday Target	14.72
Upside Intraday Target	19.38
Upside Intraday Target	20.32
Downside Intraday Target	17.52

Weekly technical analysis of Mep Infrastructure (MEP)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	18.45	16.15	18.45	15.65	1.418 times
02 Fri Feb 2024	16.05	16.35	16.95	15.25	0.864 times
28 Thu Dec 2023	15.70	16.20	16.85	15.10	0.194 times
22 Fri Dec 2023	16.05	12.10	17.50	12.00	7.713 times
15 Fri Dec 2023	12.10	12.50	12.70	11.95	1.173 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 Infrastructure (MEP)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	18.45	16.90	18.45	15.65	3.564 times
31 Wed Jan 2024	16.50	16.35	16.60	15.25	0.059 times
28 Thu Dec 2023	15.70	13.00	17.50	11.95	3.637 times
30 Thu Nov 2023	12.85	12.75	13.95	12.40	0.613 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mep Infrastructure ( (MEP) ) 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 Infrastructure ( (MEP) ) 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 Infrastructure ( (MEP) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Mep Infrastructure in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mep Infrastructure 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mep Infrastructure 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.59 and Mep Infrastructure (MEP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.