(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 2024-08-07 View latest technical analysis
10 day averaged volume of is 124837
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 18.51 | 17.26 | 18.58 | 16.59 | 1.415 times |
| 06 Tue Aug 2024 | 16.75 | 16.72 | 17.20 | 16.66 | 0.42 times |
| 05 Mon Aug 2024 | 16.69 | 16.57 | 16.90 | 15.90 | 1.011 times |
| 02 Fri Aug 2024 | 17.56 | 18.28 | 18.46 | 17.55 | 0.681 times |
| 01 Thu Aug 2024 | 18.83 | 19.14 | 19.29 | 18.42 | 0.995 times |
| 31 Wed Jul 2024 | 19.11 | 19.17 | 19.46 | 18.69 | 1.453 times |
| 30 Tue Jul 2024 | 18.97 | 19.39 | 19.40 | 18.84 | 0.789 times |
| 29 Mon Jul 2024 | 19.36 | 19.40 | 19.46 | 18.88 | 1.417 times |
| 26 Fri Jul 2024 | 19.02 | 19.28 | 19.37 | 18.88 | 1.199 times |
| 25 Thu Jul 2024 | 19.07 | 18.76 | 19.24 | 18.65 | 0.77 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.1 or till 20.1. Use a stoploss of 18.37 and if this stock hits its stoploss, then it can fall down till 17.6
Share price targets for (MEC)
| Target Type | Value |
| Downside Target | 13.15 |
| Downside Target | 14.50 |
| Downside Target | 15.41 |
| Downside Target | 15.90 |
| Downside Target | 16.54 |
| Downside Target | 17.00 |
| Downside Target | 17.51 |
| Downside Target | 17.98 |
| Downside Target | 18.43 |
| Upside Target | 19.14 |
| Upside Target | 19.29 |
| Upside Target | 19.46 |
| Upside Target | 19.50 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 16.75 |
| Downside Intraday Target | 14.98 |
| Upside Intraday Target | 19.43 |
| Upside Intraday Target | 20.34 |
| Downside Intraday Target | 17.66 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 18.51 | 16.57 | 18.58 | 15.90 | 0.533 times |
| 02 Fri Aug 2024 | 17.56 | 19.40 | 19.46 | 17.55 | 0.946 times |
| 26 Fri Jul 2024 | 19.02 | 19.03 | 19.50 | 18.43 | 0.925 times |
| 19 Fri Jul 2024 | 18.63 | 17.51 | 19.14 | 17.51 | 1.369 times |
| 12 Fri Jul 2024 | 17.43 | 16.25 | 17.98 | 16.07 | 4.678 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 (MEC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 18.51 | 19.14 | 19.29 | 15.90 | 0.205 times |
| 31 Wed Jul 2024 | 19.11 | 16.64 | 19.50 | 15.98 | 1.123 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.57 and (MEC) 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 (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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.57 and (MEC) 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 (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.