(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 2024-10-28 View latest technical analysis
10 day averaged volume of Mei Pharma is 117960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 3.09 | 2.95 | 3.21 | 2.80 | 4.688 times |
| 25 Fri Oct 2024 | 2.73 | 2.73 | 2.74 | 2.73 | 8.685 times |
| 24 Thu Oct 2024 | 2.74 | 2.71 | 2.76 | 2.71 | 0.096 times |
| 23 Wed Oct 2024 | 2.74 | 2.80 | 2.80 | 2.72 | 0.029 times |
| 22 Tue Oct 2024 | 2.75 | 2.75 | 2.79 | 2.75 | 0.159 times |
| 21 Mon Oct 2024 | 2.74 | 2.79 | 2.79 | 2.70 | 0.112 times |
| 18 Fri Oct 2024 | 2.77 | 2.70 | 2.80 | 2.69 | 0.217 times |
| 17 Thu Oct 2024 | 2.75 | 2.74 | 2.80 | 2.68 | 0.103 times |
| 16 Wed Oct 2024 | 2.77 | 2.70 | 2.80 | 2.70 | 0.049 times |
| 15 Tue Oct 2024 | 2.71 | 2.69 | 2.75 | 2.65 | 0.342 times |
Stock of Mei Pharma (MEIP) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.9, for a target of 2.8 or 2.76
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 2.61 |
| Downside Target | 2.70 |
| Downside Target | 2.86 |
| Downside Target | 2.90 |
| Downside Target | 2.99 |
| Downside Target | 3.03 |
| Upside Target | 3.21 |
| 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 | 2.86 |
| Downside Intraday Target | 2.62 |
| Upside Intraday Target | 3.27 |
| Upside Intraday Target | 3.44 |
| Downside Intraday Target | 3.03 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 3.09 | 2.95 | 3.21 | 2.80 | 0.516 times |
| 25 Fri Oct 2024 | 2.73 | 2.79 | 2.80 | 2.70 | 9.872 times |
| 18 Fri Oct 2024 | 2.77 | 2.67 | 2.80 | 2.63 | 1.115 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 |
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 |
| 28 Mon Oct 2024 | 3.09 | 2.89 | 3.21 | 2.61 | 5.316 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 up this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mei Pharma ( (MEIP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mei Pharma ( (MEIP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mei Pharma in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 2.85 and Mei Pharma (MEIP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mei Pharma ( (MEIP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mei Pharma ( (MEIP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mei Pharma in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 2.85 and Mei Pharma (MEIP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.