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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 2024-04-22 View latest technical analysis

10 day averaged volume of Mep Infra is 1337966

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	7.90	8.25	8.55	7.90	1.067 times
19 Fri Apr 2024	8.30	8.20	8.50	8.20	0.891 times
18 Thu Apr 2024	8.60	8.90	9.20	8.60	0.872 times
16 Tue Apr 2024	9.05	9.15	9.65	8.95	1.171 times
15 Mon Apr 2024	9.40	10.20	10.20	9.40	1.045 times
12 Fri Apr 2024	9.90	9.50	10.50	9.50	1.355 times
10 Wed Apr 2024	10.00	10.15	10.45	10.00	0.519 times
09 Tue Apr 2024	10.50	9.55	10.55	9.55	1.358 times
08 Mon Apr 2024	10.05	10.05	10.05	10.05	0.585 times
05 Fri Apr 2024	10.55	10.55	10.80	10.55	0.713 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 7.6, for a target of 9.2 or 10.61

Share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Target	7.90
Upside Target	8.20
Upside Target	8.55
Upside Target	9.50
Upside Target	10.20
Upside Target	10.55
Upside Target	11.05
Upside Target	12.55
Upside Target	13.10
Upside Target	13.60
Upside Target	15.05
Upside Target	15.95
Upside Target	17.15
Upside Target	20.60
Upside Target	22.25

Intraday share price targets for Mep Infra (MEP_BE)

Target Type	Value
Downside Intraday Target	7.68
Downside Intraday Target	7.47
Upside Intraday Target	8.33
Upside Intraday Target	8.77
Upside Intraday Target	8.12

Weekly technical analysis of Mep Infra (MEP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	7.90	8.25	8.55	7.90	0.268 times
19 Fri Apr 2024	8.30	10.20	10.20	8.20	1.043 times
12 Fri Apr 2024	9.90	10.05	10.55	9.50	1.011 times
05 Fri Apr 2024	10.55	10.95	12.55	10.55	1.809 times
28 Thu Mar 2024	11.50	12.30	13.10	11.05	0.927 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
22 Mon Apr 2024	7.90	10.95	12.55	7.90	2.232 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
30 Tue Jan 2024	15.85	15.50	17.15	13.60	5.539 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 9.4 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.