(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 2024-12-30 View latest technical analysis
10 day averaged volume of Mei Pharma is 58177
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 2.48 | 2.41 | 2.58 | 2.35 | 0.666 times |
| 27 Fri Dec 2024 | 2.36 | 2.38 | 2.42 | 2.32 | 0.305 times |
| 26 Thu Dec 2024 | 2.38 | 2.36 | 2.42 | 2.36 | 0.158 times |
| 24 Tue Dec 2024 | 2.36 | 2.39 | 2.50 | 2.36 | 0.148 times |
| 23 Mon Dec 2024 | 2.36 | 2.46 | 2.60 | 2.30 | 5.057 times |
| 20 Fri Dec 2024 | 2.50 | 2.47 | 2.50 | 2.46 | 1.975 times |
| 19 Thu Dec 2024 | 2.45 | 2.48 | 2.49 | 2.43 | 0.229 times |
| 18 Wed Dec 2024 | 2.52 | 2.51 | 2.60 | 2.48 | 0.677 times |
| 17 Tue Dec 2024 | 2.60 | 2.55 | 2.60 | 2.51 | 0.222 times |
| 16 Mon Dec 2024 | 2.63 | 2.61 | 2.68 | 2.54 | 0.988 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 2.4 as stoploss in an intra day buy trade for a target of 2.62. However, stock will show a bearish move below 2.4.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 2.30 |
| Downside Target | 2.35 |
| Downside Target | 2.43 |
| Upside Target | 2.58 |
| Upside Target | 2.68 |
| Upside Target | 2.75 |
| Upside Target | 2.87 |
| Upside Target | 2.89 |
| 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 | 2.36 |
| Downside Intraday Target | 2.24 |
| Upside Intraday Target | 2.59 |
| Upside Intraday Target | 2.7 |
| Downside Intraday Target | 2.47 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 2.48 | 2.41 | 2.58 | 2.35 | 0.118 times |
| 27 Fri Dec 2024 | 2.36 | 2.46 | 2.60 | 2.30 | 1.385 times |
| 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 |
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 |
| 30 Mon Dec 2024 | 2.48 | 2.71 | 2.89 | 2.30 | 1.833 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, 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mei Pharma in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mei Pharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.44 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mei Pharma in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mei Pharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.44 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 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.