(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 2024-03-21 View latest technical analysis
10 day averaged volume of Mei Pharma is 29960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 3.63 | 3.63 | 3.80 | 3.63 | 0.638 times |
| 20 Wed Mar 2024 | 3.58 | 3.74 | 3.84 | 3.56 | 0.277 times |
| 19 Tue Mar 2024 | 3.72 | 3.68 | 3.91 | 3.68 | 0.284 times |
| 18 Mon Mar 2024 | 3.72 | 3.80 | 4.09 | 3.63 | 0.631 times |
| 15 Fri Mar 2024 | 3.83 | 3.96 | 3.96 | 3.58 | 0.851 times |
| 14 Thu Mar 2024 | 3.92 | 4.11 | 4.16 | 3.85 | 0.544 times |
| 13 Wed Mar 2024 | 4.08 | 4.15 | 4.23 | 4.08 | 0.491 times |
| 12 Tue Mar 2024 | 4.15 | 4.06 | 4.18 | 4.03 | 1.472 times |
| 11 Mon Mar 2024 | 4.00 | 3.84 | 4.24 | 3.84 | 2.737 times |
| 08 Fri Mar 2024 | 3.80 | 3.55 | 3.88 | 3.46 | 1.392 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.7, but if it comes above 3.7, then a intra day buy could be more profitable.
If you take a sell trade below 3.7, then use 3.7 as stoploss and 3.4 as target. However if you take a buy trade in stock , then use 3.7 as stoploss and 3.96 as target.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 3.46 |
| Downside Target | 3.56 |
| Upside Target | 4.09 |
| Upside Target | 4.24 |
| Upside Target | 4.42 |
| Upside Target | 4.67 |
| Upside Target | 4.97 |
| Upside Target | 5.48 |
| Upside Target | 5.63 |
| Upside Target | 6.26 |
| Upside Target | 6.91 |
| Upside Target | 7.87 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 3.43 |
| Downside Intraday Target | 3.23 |
| Upside Intraday Target | 3.96 |
| Upside Intraday Target | 4.29 |
| Upside Intraday Target | 3.76 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 3.63 | 3.80 | 4.09 | 3.56 | 0.3 times |
| 15 Fri Mar 2024 | 3.83 | 3.84 | 4.24 | 3.58 | 0.935 times |
| 08 Fri Mar 2024 | 3.80 | 4.22 | 4.28 | 3.46 | 2.389 times |
| 01 Fri Mar 2024 | 4.25 | 4.35 | 4.42 | 4.13 | 1.285 times |
| 23 Fri Feb 2024 | 4.31 | 4.23 | 4.67 | 4.13 | 0.474 times |
Price has moved down 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 Thu Mar 2024 | 3.63 | 4.21 | 4.33 | 3.46 | 1.187 times |
| 29 Thu Feb 2024 | 4.15 | 4.50 | 4.97 | 4.13 | 0.685 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 |
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 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 3.91 and Mei Pharma (MEIP) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 3.91 and Mei Pharma (MEIP) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.