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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 2024-03-22 View latest technical analysis

10 day averaged volume of Mep Infra is 385135

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	12.50	12.20	12.50	12.20	2.419 times
21 Thu Mar 2024	11.95	11.00	11.95	10.90	2.986 times
20 Wed Mar 2024	11.40	11.05	11.45	10.55	2.169 times
12 Tue Mar 2024	12.75	12.75	12.75	12.75	0.167 times
11 Mon Mar 2024	13.40	14.00	14.00	13.40	0.087 times
07 Thu Mar 2024	14.10	13.00	14.30	13.00	2.705 times
06 Wed Mar 2024	13.65	13.65	13.65	13.65	0.121 times
05 Tue Mar 2024	14.35	14.35	14.85	14.35	0.468 times
04 Mon Mar 2024	15.10	15.95	15.95	14.45	0.772 times
02 Sat Mar 2024	15.20	15.50	15.50	14.95	0.075 times

Stock of Mep Infra (MEP_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.1, but if it comes above 13.1, then a intra day buy could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 11.2 as target. However if you take a buy trade in stock , then use 13.1 as stoploss and 14.74 as target.

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	10.55
Upside Target	13.00
Upside Target	13.60
Upside Target	14.00
Upside Target	14.90
Upside Target	15.50
Upside Target	15.95
Upside Target	17.10
Upside Target	17.30
Upside Target	17.95
Upside Target	20.05
Upside Target	20.60
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	10.7
Downside Intraday Target	8.9
Upside Intraday Target	14.15
Upside Intraday Target	15.8
Downside Intraday Target	12.35

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	12.50	14.00	14.00	10.55	1.925 times
07 Thu Mar 2024	14.10	15.95	15.95	13.00	1.044 times
02 Sat Mar 2024	15.20	15.60	17.10	14.90	0.604 times
23 Fri Feb 2024	16.20	17.20	17.95	15.50	0.439 times
16 Fri Feb 2024	17.70	21.00	22.25	17.30	3.735 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mep Infra (MEP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	12.50	15.10	15.95	10.55	0.507 times
29 Thu Feb 2024	15.10	21.00	22.25	15.05	0.636 times
30 Tue Jan 2024	15.85	15.50	17.15	13.60	5.539 times
29 Fri Dec 2023	15.20	20.00	20.60	15.05	0.24 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 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 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 losing momentum.

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

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 below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 12.8 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.