(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 2024-02-21 View latest technical analysis
10 day averaged volume of Mei Pharma is 22270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 4.54 | 4.48 | 4.67 | 4.35 | 0.561 times |
| 20 Tue Feb 2024 | 4.48 | 4.23 | 4.48 | 4.13 | 1.495 times |
| 16 Fri Feb 2024 | 4.39 | 4.32 | 4.68 | 4.20 | 2.142 times |
| 15 Thu Feb 2024 | 4.57 | 4.82 | 4.82 | 4.54 | 1.347 times |
| 14 Wed Feb 2024 | 4.71 | 4.65 | 4.71 | 4.54 | 0.988 times |
| 13 Tue Feb 2024 | 4.63 | 4.82 | 4.90 | 4.63 | 1.006 times |
| 12 Mon Feb 2024 | 4.89 | 4.86 | 4.97 | 4.83 | 0.539 times |
| 09 Fri Feb 2024 | 4.78 | 4.60 | 4.82 | 4.54 | 0.674 times |
| 08 Thu Feb 2024 | 4.60 | 4.49 | 4.65 | 4.49 | 0.494 times |
| 07 Wed Feb 2024 | 4.51 | 4.69 | 4.79 | 4.51 | 0.53 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.5 or till 4.3. Use a stoploss of 4.58 and if the stock hits stoploss, then it can shoot up till 4.7
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 4.13 |
| Downside Target | 4.29 |
| Downside Target | 4.41 |
| Upside Target | 4.67 |
| Upside Target | 4.79 |
| Upside Target | 5.48 |
| Upside Target | 5.63 |
| Upside Target | 6.26 |
| Upside Target | 6.62 |
| Upside Target | 6.91 |
| Upside Target | 7.42 |
| Upside Target | 7.87 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 4.22 |
| Downside Intraday Target | 3.91 |
| Upside Intraday Target | 4.76 |
| Upside Intraday Target | 4.99 |
| Downside Intraday Target | 4.45 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 4.54 | 4.23 | 4.67 | 4.13 | 0.342 times |
| 16 Fri Feb 2024 | 4.39 | 4.86 | 4.97 | 4.20 | 1.527 times |
| 09 Fri Feb 2024 | 4.78 | 4.54 | 4.82 | 4.29 | 1.029 times |
| 02 Fri Feb 2024 | 4.54 | 4.55 | 4.79 | 4.41 | 0.791 times |
| 26 Fri Jan 2024 | 4.55 | 4.84 | 4.89 | 4.55 | 0.663 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 |
| 21 Wed Feb 2024 | 4.54 | 4.50 | 4.97 | 4.13 | 0.536 times |
| 31 Wed Jan 2024 | 4.50 | 5.78 | 6.26 | 4.48 | 0.604 times |
| 29 Fri Dec 2023 | 5.80 | 6.03 | 6.91 | 5.63 | 0.534 times |
| 30 Thu Nov 2023 | 6.14 | 6.88 | 7.87 | 5.48 | 2.92 times |
Scroll below to view daily charts
Price has moved up 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 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 SELL. Signal strength is Weak and stock is losing 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. Bears are weakening, and bulls are picking up momentum!
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 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
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 4.57 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 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 SELL. Signal strength is Weak and stock is losing 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. Bears are weakening, and bulls are picking up momentum!
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 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
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 4.57 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.