(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 2024-09-10 View latest technical analysis
10 day averaged volume of is 98010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 18.60 | 18.75 | 18.84 | 18.41 | 0.806 times |
| 09 Mon Sep 2024 | 18.65 | 18.39 | 19.06 | 18.39 | 0.783 times |
| 06 Fri Sep 2024 | 18.37 | 18.47 | 18.50 | 18.25 | 0.769 times |
| 05 Thu Sep 2024 | 18.57 | 18.47 | 18.79 | 18.37 | 1.005 times |
| 04 Wed Sep 2024 | 18.40 | 19.42 | 19.43 | 18.39 | 1.429 times |
| 03 Tue Sep 2024 | 19.41 | 19.09 | 19.47 | 18.71 | 1.648 times |
| 30 Fri Aug 2024 | 19.31 | 19.39 | 19.41 | 18.93 | 0.656 times |
| 30 Fri Aug 2024 | 19.31 | 19.39 | 19.41 | 18.93 | 0.656 times |
| 29 Thu Aug 2024 | 19.41 | 19.53 | 19.71 | 19.08 | 1.339 times |
| 28 Wed Aug 2024 | 19.26 | 19.28 | 19.46 | 18.91 | 0.786 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 18.2 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 19.12 as target.
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 | 18.25 |
| Upside Target | 18.76 |
| Upside Target | 19.47 |
| Upside Target | 19.50 |
| Upside Target | 19.63 |
| Upside Target | 19.94 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 18.31 |
| Downside Intraday Target | 18.01 |
| Upside Intraday Target | 18.98 |
| Upside Intraday Target | 19.35 |
| Upside Intraday Target | 18.68 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 18.60 | 18.39 | 19.06 | 18.39 | 0.327 times |
| 06 Fri Sep 2024 | 18.37 | 19.09 | 19.47 | 18.25 | 7.395 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 |
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 |
| 10 Tue Sep 2024 | 18.60 | 19.09 | 19.47 | 18.25 | 0.253 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 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 gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!
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 18.95 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 negative.
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 gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!
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 18.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.