(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 2024-12-20 View latest technical analysis
10 day averaged volume of Mei Pharma is 18651
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 2.50 | 2.47 | 2.50 | 2.46 | 6.16 times |
| 19 Thu Dec 2024 | 2.45 | 2.48 | 2.49 | 2.43 | 0.715 times |
| 18 Wed Dec 2024 | 2.52 | 2.51 | 2.60 | 2.48 | 2.11 times |
| 17 Tue Dec 2024 | 2.60 | 2.55 | 2.60 | 2.51 | 0.694 times |
| 16 Mon Dec 2024 | 2.63 | 2.61 | 2.68 | 2.54 | 3.081 times |
| 13 Fri Dec 2024 | 2.70 | 2.65 | 2.70 | 2.62 | 0.755 times |
| 12 Thu Dec 2024 | 2.70 | 2.70 | 2.73 | 2.66 | 0.622 times |
| 11 Wed Dec 2024 | 2.70 | 2.79 | 2.79 | 2.65 | 0.56 times |
| 10 Tue Dec 2024 | 2.80 | 2.77 | 2.89 | 2.76 | 0.416 times |
| 09 Mon Dec 2024 | 2.80 | 2.71 | 2.82 | 2.71 | 0.526 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 bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.4, for a target of 2.6 or 2.75
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 2.43 |
| Upside Target | 2.61 |
| Upside Target | 2.68 |
| Upside Target | 2.75 |
| Upside Target | 2.87 |
| Upside Target | 2.89 |
| Upside Target | 3.00 |
| Upside Target | 3.03 |
| Upside Target | 3.15 |
| Upside Target | 3.29 |
| Upside Target | 3.33 |
| Upside Target | 3.67 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 2.39 |
| Downside Intraday Target | 2.29 |
| Upside Intraday Target | 2.64 |
| Upside Intraday Target | 2.79 |
| Upside Intraday Target | 2.54 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 2.50 | 2.61 | 2.68 | 2.43 | 4.431 times |
| 13 Fri Dec 2024 | 2.70 | 2.71 | 2.89 | 2.62 | 5.537 times |
| 26 Tue Nov 2024 | 2.84 | 2.77 | 2.87 | 2.77 | 0.338 times |
| 26 Tue Nov 2024 | 2.84 | 2.78 | 2.87 | 2.75 | 0.282 times |
| 22 Fri Nov 2024 | 2.78 | 2.92 | 3.00 | 2.76 | 1.185 times |
Price has moved down 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 |
| 20 Fri Dec 2024 | 2.50 | 2.71 | 2.89 | 2.43 | 0.81 times |
| 26 Tue Nov 2024 | 2.84 | 3.00 | 3.15 | 2.75 | 0.176 times |
| 31 Thu Oct 2024 | 3.10 | 2.89 | 3.29 | 2.61 | 5.847 times |
| 30 Mon Sep 2024 | 2.85 | 3.13 | 3.33 | 2.81 | 0.964 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mei Pharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.57 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mei Pharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.57 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.