(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 2024-09-03 View latest technical analysis
10 day averaged volume of is 98712
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 19.41 | 19.09 | 19.47 | 18.71 | 1.636 times |
| 30 Fri Aug 2024 | 19.31 | 19.39 | 19.41 | 18.93 | 0.651 times |
| 30 Fri Aug 2024 | 19.31 | 19.39 | 19.41 | 18.93 | 0.651 times |
| 29 Thu Aug 2024 | 19.41 | 19.53 | 19.71 | 19.08 | 1.329 times |
| 28 Wed Aug 2024 | 19.26 | 19.28 | 19.46 | 18.91 | 0.78 times |
| 27 Tue Aug 2024 | 19.42 | 19.55 | 19.67 | 19.34 | 0.923 times |
| 26 Mon Aug 2024 | 19.80 | 19.38 | 19.94 | 19.38 | 1.179 times |
| 23 Fri Aug 2024 | 19.42 | 18.95 | 19.58 | 18.88 | 1.4 times |
| 22 Thu Aug 2024 | 18.96 | 19.18 | 19.20 | 18.76 | 0.732 times |
| 21 Wed Aug 2024 | 19.15 | 19.41 | 19.41 | 18.98 | 1.178 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.5 as stoploss in an intra day sell trade for a target of 19.18. However, stock will show a bullish move above 19.5.
Share price targets for (MEC)
| Target Type | Value |
| Downside Target | 13.30 |
| Downside Target | 15.41 |
| Downside Target | 15.90 |
| Downside Target | 16.54 |
| Downside Target | 17.00 |
| Downside Target | 18.26 |
| Downside Target | 18.71 |
| Downside Target | 19.41 |
| Upside Target | 19.47 |
| Upside Target | 19.50 |
| Upside Target | 19.63 |
| Upside Target | 19.74 |
| Upside Target | 19.94 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 18.92 |
| Downside Intraday Target | 18.44 |
| Upside Intraday Target | 19.68 |
| Upside Intraday Target | 19.96 |
| Downside Intraday Target | 19.2 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 19.41 | 19.09 | 19.47 | 18.71 | 2.512 times |
| 30 Fri Aug 2024 | 19.31 | 19.39 | 19.41 | 18.93 | 0.134 times |
| 30 Fri Aug 2024 | 19.31 | 19.38 | 19.94 | 18.91 | 0.877 times |
| 23 Fri Aug 2024 | 19.42 | 19.50 | 19.63 | 18.76 | 0.885 times |
| 16 Fri Aug 2024 | 19.52 | 18.85 | 19.74 | 18.26 | 1.074 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (MEC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 19.41 | 19.09 | 19.47 | 18.71 | 0.065 times |
| 30 Fri Aug 2024 | 19.31 | 19.14 | 19.94 | 15.90 | 0.905 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing 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 19.37 and (MEC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing 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 19.37 and (MEC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.