(MEC) complete technical analysis [charts+indicators] | Buy/Sell | (MEC) share price targets
Complete technical analysis of (MEC) by charts plus indicators, forecast predictions and share price targets for (MEC)
Showing technical analysis as on 2024-04-25 View latest technical analysis
10 day averaged volume of is 48390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 13.69 | 13.45 | 13.69 | 13.15 | 1.86 times |
| 24 Wed Apr 2024 | 13.61 | 13.71 | 13.80 | 13.39 | 1.207 times |
| 23 Tue Apr 2024 | 13.82 | 13.80 | 14.16 | 13.75 | 0.963 times |
| 22 Mon Apr 2024 | 13.84 | 13.93 | 14.18 | 13.81 | 1.341 times |
| 19 Fri Apr 2024 | 13.88 | 13.52 | 13.88 | 13.52 | 0.616 times |
| 18 Thu Apr 2024 | 13.55 | 13.58 | 13.78 | 13.49 | 0.924 times |
| 17 Wed Apr 2024 | 13.39 | 13.89 | 13.93 | 13.29 | 1.494 times |
| 16 Tue Apr 2024 | 13.85 | 13.60 | 14.00 | 13.43 | 0.822 times |
| 15 Mon Apr 2024 | 13.62 | 13.55 | 13.86 | 13.30 | 0.732 times |
| 12 Fri Apr 2024 | 13.57 | 13.83 | 13.83 | 13.35 | 0.944 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 13.6 as stoploss in an intra day buy trade for a target of 13.81. However, stock will show a bearish move below 13.6.
Share price targets for (MEC)
| Target Type | Value |
| Downside Target | 11.07 |
| Downside Target | 11.86 |
| Downside Target | 12.10 |
| Downside Target | 12.60 |
| Downside Target | 13.15 |
| Upside Target | 13.70 |
| Upside Target | 14.00 |
| Upside Target | 14.50 |
| Upside Target | 14.82 |
| Upside Target | 14.90 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 13.17 |
| Downside Intraday Target | 12.64 |
| Upside Intraday Target | 14.2 |
| Upside Intraday Target | 14.7 |
| Downside Intraday Target | 13.67 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 13.69 | 13.93 | 14.18 | 13.15 | 1.171 times |
| 19 Fri Apr 2024 | 13.88 | 13.55 | 14.00 | 13.29 | 0.492 times |
| 12 Fri Apr 2024 | 13.57 | 13.92 | 14.23 | 13.35 | 0.931 times |
| 05 Fri Apr 2024 | 13.72 | 14.50 | 14.50 | 13.16 | 2.457 times |
| 28 Thu Mar 2024 | 14.33 | 14.26 | 14.50 | 13.70 | 0.897 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 (MEC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 13.69 | 14.50 | 14.50 | 13.15 | 1.416 times |
| 28 Thu Mar 2024 | 14.33 | 12.26 | 14.82 | 12.10 | 1.192 times |
| 29 Thu Feb 2024 | 12.24 | 12.68 | 13.24 | 11.07 | 1.021 times |
| 31 Wed Jan 2024 | 12.69 | 14.22 | 14.50 | 12.60 | 0.706 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 (MEC)
Price action analysis of ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of ( (MEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.67 and (MEC) 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 (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock has given negative 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 ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of ( (MEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.67 and (MEC) 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 (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock has given negative 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.