(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 2024-07-03 View latest technical analysis
10 day averaged volume of is 143390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 16.39 | 16.15 | 16.51 | 16.15 | 0.264 times |
| 03 Wed Jul 2024 | 16.39 | 16.15 | 16.51 | 16.15 | 0.264 times |
| 02 Tue Jul 2024 | 16.16 | 16.23 | 16.33 | 16.11 | 0.247 times |
| 01 Mon Jul 2024 | 16.17 | 16.64 | 16.70 | 16.07 | 0.61 times |
| 28 Fri Jun 2024 | 16.66 | 16.70 | 16.92 | 16.45 | 4.739 times |
| 27 Thu Jun 2024 | 16.55 | 16.35 | 16.70 | 16.21 | 0.457 times |
| 26 Wed Jun 2024 | 16.34 | 16.54 | 16.70 | 16.21 | 0.591 times |
| 25 Tue Jun 2024 | 16.71 | 16.86 | 16.86 | 16.48 | 0.51 times |
| 24 Mon Jun 2024 | 16.88 | 15.82 | 16.89 | 15.79 | 0.953 times |
| 21 Fri Jun 2024 | 15.76 | 16.21 | 16.25 | 15.73 | 0.966 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.2 or till 15.9. Use a stoploss of 16.52 and if the stock hits stoploss, then it can shoot up till 16.81
Share price targets for (MEC)
| Target Type | Value |
| Downside Target | 12.10 |
| Downside Target | 13.15 |
| Downside Target | 14.50 |
| Downside Target | 14.82 |
| Downside Target | 15.41 |
| Downside Target | 15.73 |
| Upside Target | 16.54 |
| Upside Target | 16.70 |
| Upside Target | 16.92 |
| Upside Target | 16.95 |
| Upside Target | 17.00 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 16.19 |
| Downside Intraday Target | 15.99 |
| Upside Intraday Target | 16.55 |
| Upside Intraday Target | 16.71 |
| Downside Intraday Target | 16.35 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 16.39 | 16.15 | 16.51 | 16.15 | 0.235 times |
| 03 Wed Jul 2024 | 16.39 | 16.64 | 16.70 | 16.07 | 0.154 times |
| 28 Fri Jun 2024 | 16.66 | 15.82 | 16.92 | 15.79 | 3.443 times |
| 21 Fri Jun 2024 | 15.76 | 16.88 | 16.95 | 15.73 | 2.053 times |
| 18 Tue Jun 2024 | 16.65 | 16.40 | 17.00 | 16.40 | 0.296 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 |
| 03 Wed Jul 2024 | 16.39 | 16.64 | 16.70 | 16.07 | 0.081 times |
| 28 Fri Jun 2024 | 16.66 | 16.10 | 17.00 | 15.41 | 1.088 times |
| 31 Fri May 2024 | 16.02 | 13.91 | 16.54 | 13.30 | 1.462 times |
| 30 Tue Apr 2024 | 13.76 | 14.50 | 14.50 | 13.15 | 1.542 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 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 ( (MEC) ) 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 ( (MEC) ) 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 ( (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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term
RSI is generating a BUY signal in short term but buying is losing 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.51 and (MEC) 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 (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock is giving positive 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 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 ( (MEC) ) 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 ( (MEC) ) 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 ( (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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term
RSI is generating a BUY signal in short term but buying is losing 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.51 and (MEC) 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 (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock is giving positive 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.