(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.
Showing technical analysis as on 2024-10-15 View latest technical analysis
10 day averaged volume of Mei Pharma is 15780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 2.71 | 2.69 | 2.75 | 2.65 | 2.56 times |
| 14 Mon Oct 2024 | 2.67 | 2.67 | 2.70 | 2.63 | 1.553 times |
| 11 Fri Oct 2024 | 2.70 | 2.72 | 2.74 | 2.65 | 3.276 times |
| 10 Thu Oct 2024 | 2.70 | 2.70 | 2.73 | 2.67 | 0.507 times |
| 09 Wed Oct 2024 | 2.68 | 2.70 | 2.73 | 2.61 | 1.255 times |
| 08 Tue Oct 2024 | 2.71 | 2.79 | 2.82 | 2.71 | 0.653 times |
| 07 Mon Oct 2024 | 2.77 | 2.83 | 2.86 | 2.77 | 0.475 times |
| 04 Fri Oct 2024 | 2.81 | 2.79 | 2.85 | 2.79 | 0.463 times |
| 03 Thu Oct 2024 | 2.75 | 2.76 | 2.79 | 2.75 | 0.659 times |
| 02 Wed Oct 2024 | 2.75 | 2.79 | 2.84 | 2.75 | 0.868 times |
Stock of Mei Pharma (MEIP) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 2.83. However, stock will show a bearish move below 2.7.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 2.61 |
| Upside Target | 2.73 |
| Upside Target | 2.90 |
| Upside Target | 2.99 |
| Upside Target | 3.00 |
| Upside Target | 3.03 |
| Upside Target | 3.25 |
| Upside Target | 3.33 |
| Upside Target | 3.67 |
| Upside Target | 4.10 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 2.64 |
| Downside Intraday Target | 2.58 |
| Upside Intraday Target | 2.76 |
| Upside Intraday Target | 2.82 |
| Downside Intraday Target | 2.7 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 2.71 | 2.67 | 2.75 | 2.63 | 0.667 times |
| 11 Fri Oct 2024 | 2.70 | 2.83 | 2.86 | 2.61 | 2.053 times |
| 04 Fri Oct 2024 | 2.81 | 2.90 | 2.90 | 2.75 | 0.497 times |
| 27 Fri Sep 2024 | 2.90 | 2.94 | 3.00 | 2.83 | 0.68 times |
| 20 Fri Sep 2024 | 2.98 | 3.03 | 3.25 | 2.90 | 1.987 times |
Price has moved up 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 Mei Pharma (MEIP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 2.71 | 2.89 | 2.89 | 2.61 | 0.565 times |
| 30 Mon Sep 2024 | 2.85 | 3.13 | 3.33 | 2.81 | 0.964 times |
| 30 Fri Aug 2024 | 3.10 | 3.67 | 3.67 | 3.03 | 0.064 times |
| 31 Wed Jul 2024 | 3.71 | 2.84 | 4.10 | 2.78 | 13.655 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 Mei Pharma (MEIP)
Price action analysis of Mei Pharma ( (MEIP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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 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 Mei Pharma 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
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 2.71 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.
Price action analysis of Mei Pharma ( (MEIP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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 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 Mei Pharma 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
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 2.71 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.