Stock analysis MEP Infrastructure Developers Limited MEP
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Recent prices of MEP MEP Infrastructure Developers Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Mar 2024 | 10.95 | 9.95 to 10.95 | 4.78% | 0.99 times |
| 18 Mon Mar 2024 | 10.45 | 10.45 to 10.45 | -5% | 0.1 times |
| 15 Fri Mar 2024 | 11.00 | 11.00 to 11.00 | -4.76% | 0.11 times |
| 14 Thu Mar 2024 | 11.55 | 11.55 to 11.55 | -4.94% | 0.15 times |
| 13 Wed Mar 2024 | 12.15 | 12.15 to 12.15 | -42.69% | 0.05 times |
| 09 Fri Feb 2024 | 21.20 | 19.30 to 21.25 | 4.69% | 2.78 times |
| 08 Thu Feb 2024 | 20.25 | 18.40 to 20.25 | 9.76% | 3.07 times |
| 07 Wed Feb 2024 | 18.45 | 17.35 to 18.45 | 9.82% | 1.89 times |
| 06 Tue Feb 2024 | 16.80 | 15.65 to 16.80 | 5% | 0.87 times |
| 05 Mon Feb 2024 | 16.00 | 15.90 to 16.60 | -0.31% | 0.42 times |
| 02 Fri Feb 2024 | 16.05 | 15.80 to 16.60 | 0.63% | 0.55 times |
| 01 Thu Feb 2024 | 15.95 | 15.85 to 16.95 | -3.33% | 0.51 times |
Technical analysis forecast for MEP Infrastructure Developers Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MEP Infrastructure Developers Limited MEP at this time. Stock is falling and might fall more.
It appears as if MEP Infrastructure Developers Limited MEP gave a large move recently.
Stock of MEP Infrastructure Developers Limited (MEP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of MEP Infrastructure Developers Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MEP Infrastructure Developers Limited stays below 11.4, but if it comes above 11.4, then a intra day buy could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 7.9 as target. However if you take a buy trade in MEP Infrastructure Developers Limited, then use 11.4 as stoploss and 14.25 as target.