(MEIP) Mei Pharma complete technical analysis [charts+indicators] | Buy/Sell Mei Pharma | (MEIP) share price targets
Complete technical analysis of Mei Pharma (MEIP) by charts plus indicators, forecast predictions and share price targets for Mei Pharma (MEIP)
Mei Pharma trades in USA in Health Care sector.
Showing technical analysis as on 2024-04-03 View latest technical analysis
10 day averaged volume of Mei Pharma is 21550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 4.05 | 4.02 | 4.07 | 3.85 | 1.174 times |
| 02 Tue Apr 2024 | 4.00 | 3.85 | 4.11 | 3.84 | 1.48 times |
| 01 Mon Apr 2024 | 3.88 | 4.00 | 4.00 | 3.85 | 2.45 times |
| 28 Thu Mar 2024 | 4.00 | 3.92 | 4.15 | 3.81 | 0.617 times |
| 27 Wed Mar 2024 | 3.92 | 3.89 | 3.95 | 3.80 | 0.483 times |
| 26 Tue Mar 2024 | 3.86 | 3.83 | 3.90 | 3.55 | 1.179 times |
| 25 Mon Mar 2024 | 3.87 | 3.81 | 3.96 | 3.81 | 0.826 times |
| 22 Fri Mar 2024 | 3.83 | 3.55 | 3.83 | 3.55 | 1.299 times |
| 21 Thu Mar 2024 | 3.63 | 3.63 | 3.80 | 3.63 | 0.886 times |
| 20 Wed Mar 2024 | 3.58 | 3.74 | 3.84 | 3.56 | 0.385 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4, but if it comes below 4, then a intra day sell could be more profitable.
If you take a sell trade below 4, then use 4 as stoploss and 3.85 as target. However if you take a buy trade in stock , then use 4 as stoploss and 4.2 as target.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 3.46 |
| Downside Target | 3.55 |
| Downside Target | 3.84 |
| Upside Target | 4.09 |
| Upside Target | 4.24 |
| Upside Target | 4.28 |
| Upside Target | 4.33 |
| Upside Target | 4.48 |
| Upside Target | 4.97 |
| Upside Target | 5.63 |
| Upside Target | 6.26 |
| Upside Target | 6.91 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 3.89 |
| Downside Intraday Target | 3.73 |
| Upside Intraday Target | 4.16 |
| Upside Intraday Target | 4.27 |
| Downside Intraday Target | 4 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 4.05 | 4.00 | 4.11 | 3.84 | 1.644 times |
| 28 Thu Mar 2024 | 4.00 | 3.81 | 4.15 | 3.55 | 0.808 times |
| 22 Fri Mar 2024 | 3.83 | 3.80 | 4.09 | 3.55 | 0.453 times |
| 15 Fri Mar 2024 | 3.83 | 3.84 | 4.24 | 3.58 | 0.935 times |
| 08 Fri Mar 2024 | 3.80 | 4.22 | 4.28 | 3.46 | 2.389 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 Mei Pharma (MEIP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 4.05 | 4.00 | 4.11 | 3.84 | 0.202 times |
| 28 Thu Mar 2024 | 4.00 | 4.21 | 4.33 | 3.46 | 1.437 times |
| 29 Thu Feb 2024 | 4.15 | 4.50 | 4.97 | 4.13 | 0.685 times |
| 31 Wed Jan 2024 | 4.50 | 5.78 | 6.26 | 4.48 | 0.604 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 Mei Pharma (MEIP)
Price action analysis of Mei Pharma ( (MEIP) ) based on a short 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 Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) based on a mid to longer 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.
ADX buy sell signal for Mei Pharma stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mei Pharma in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mei Pharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mei Pharma in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 Mei Pharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.88 and Mei Pharma (MEIP) 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 Mei Pharma (MEIP) stock. Volume based technical analysis of Mei Pharma (MEIP) stock is negative.
Mei Pharma Stock is giving positive 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 Mei Pharma ( (MEIP) ) based on a short 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 Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) 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 Mei Pharma ( (MEIP) ) based on a mid to longer 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.
ADX buy sell signal for Mei Pharma stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mei Pharma in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mei Pharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mei Pharma in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 Mei Pharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.88 and Mei Pharma (MEIP) 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 Mei Pharma (MEIP) stock. Volume based technical analysis of Mei Pharma (MEIP) stock is negative.
Mei Pharma Stock is giving positive 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.