logo munafa.top
NEWS Gainers Losers
 Learn then Earn

(MEIP) Mei Pharma complete technical analysis [charts+indicators] | Buy/Sell Mei Pharma | (MEIP) share price targets

Complete technical analysis of Mei Pharma (MEIP) by charts plus indicators, forecast predictions and share price targets for Mei Pharma (MEIP)

Mei Pharma trades in USA in Health Care sector.

10 day averaged volume of Mei Pharma is 887580

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 3.44 3.29 3.44 3.25 0.764 times
08 Thu Apr 2021 3.32 3.39 3.48 3.29 0.637 times
07 Wed Apr 2021 3.34 3.53 3.58 3.30 1.417 times
06 Tue Apr 2021 3.54 3.73 3.73 3.36 2.319 times
05 Mon Apr 2021 3.64 3.47 3.80 3.41 1.605 times
01 Thu Apr 2021 3.39 3.40 3.52 3.38 0.499 times
31 Wed Mar 2021 3.43 3.35 3.51 3.33 0.711 times
30 Tue Mar 2021 3.31 3.20 3.36 3.17 0.572 times
29 Mon Mar 2021 3.23 3.47 3.51 3.21 0.833 times
26 Fri Mar 2021 3.52 3.55 3.58 3.38 0.481 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.4 as stoploss in an intra day buy trade for a target of 3.53. However, stock will show a bearish move below 3.4.

Share price targets for Mei Pharma (MEIP)

Target Type Value
Downside Target 2.49
Downside Target 2.63
Downside Target 3.17
Downside Target 3.25
Downside Target 3.42
Upside Target 3.52
Upside Target 3.80
Upside Target 3.85
Upside Target 3.91
Upside Target 3.94
Upside Target 4.57

Intraday share price targets for Mei Pharma (MEIP)

Target Type Value
Downside Intraday Target 3.19
Downside Intraday Target 2.95
Upside Intraday Target 3.74
Upside Intraday Target 4.05
Upside Intraday Target 3.5

Weekly technical analysis of Mei Pharma (MEIP)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 3.44 3.47 3.80 3.25 2.579 times
01 Thu Apr 2021 3.39 3.47 3.52 3.17 0.77 times
26 Fri Mar 2021 3.52 3.80 3.85 3.30 0.773 times
19 Fri Mar 2021 3.84 3.83 3.94 3.42 1.762 times
12 Fri Mar 2021 3.83 3.69 3.91 3.58 0.712 times

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

Monthly technical analysis of Mei Pharma (MEIP)

Date Monthly Closing Price Open High Low Volume
09 Fri Apr 2021 3.44 3.40 3.80 3.25 0.424 times
31 Wed Mar 2021 3.43 3.80 3.94 3.17 0.533 times
26 Fri Feb 2021 3.75 3.30 4.57 3.25 1.738 times
29 Fri Jan 2021 3.23 2.68 3.35 2.63 0.922 times

Price has moved up 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 Mei Pharma (MEIP)

Indicator Name Indicator Value Indicator Signal
ADX 21, 21, 0 Sell
MACD -0, -0Sell
Stochastics 31None
CCI -42Buy
RSI 53Buy
OBV -422600Sell
VWAP 3Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) 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 Mei Pharma stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mei Pharma in short term and the sell signal is strong.

Mei Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mei Pharma 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 negative zone. This is the SELL zone

Stock of Mei Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.45 and Mei Pharma (MEIP) 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 Mei Pharma (MEIP) stock. Volume based technical analysis of Mei Pharma (MEIP) stock is negative.

Mei Pharma 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.

 Learn then Earn