(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)
Intraday share price targets for Mei Pharma (MEIP)
|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|
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.