(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 2024-08-12 View latest technical analysis
10 day averaged volume of is 124197
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 18.46 | 18.85 | 18.85 | 18.26 | 0.557 times |
| 09 Fri Aug 2024 | 18.86 | 18.84 | 19.42 | 18.70 | 1.012 times |
| 08 Thu Aug 2024 | 18.86 | 18.85 | 19.17 | 18.70 | 0.766 times |
| 07 Wed Aug 2024 | 18.51 | 17.26 | 18.58 | 16.59 | 1.422 times |
| 06 Tue Aug 2024 | 16.75 | 16.72 | 17.20 | 16.66 | 0.422 times |
| 05 Mon Aug 2024 | 16.69 | 16.57 | 16.90 | 15.90 | 1.016 times |
| 02 Fri Aug 2024 | 17.56 | 18.28 | 18.46 | 17.55 | 0.684 times |
| 01 Thu Aug 2024 | 18.83 | 19.14 | 19.29 | 18.42 | 1 times |
| 31 Wed Jul 2024 | 19.11 | 19.17 | 19.46 | 18.69 | 1.46 times |
| 30 Tue Jul 2024 | 18.97 | 19.39 | 19.40 | 18.84 | 0.793 times |
My analysis of stock is bearish for shortterm, and stock might move down till 17.8 or till 17. Use a stoploss of 18.53 and if the stock hits stoploss, then it can shoot up till 19.24
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 | 18.26 |
| Upside Target | 18.85 |
| Upside Target | 19.42 |
| Upside Target | 19.46 |
| Upside Target | 19.50 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 18.2 |
| Downside Intraday Target | 17.93 |
| Upside Intraday Target | 18.79 |
| Upside Intraday Target | 19.11 |
| Upside Intraday Target | 18.52 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 18.46 | 18.85 | 18.85 | 18.26 | 0.12 times |
| 09 Fri Aug 2024 | 18.86 | 16.57 | 19.42 | 15.90 | 0.865 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 |
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 |
| 12 Mon Aug 2024 | 18.46 | 19.14 | 19.42 | 15.90 | 0.31 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 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.
Price action analysis of ( (MEC) ) based on a short 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.
Price action analysis of ( (MEC) ) based on a short to mid 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.
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.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 18.39 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 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.
Price action analysis of ( (MEC) ) based on a short 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.
Price action analysis of ( (MEC) ) based on a short to mid 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.
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.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 18.39 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.