(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 2024-04-04 View latest technical analysis
10 day averaged volume of Mei Pharma is 23230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 3.95 | 4.01 | 4.06 | 3.80 | 0.672 times |
| 03 Wed Apr 2024 | 4.05 | 4.02 | 4.07 | 3.85 | 1.089 times |
| 02 Tue Apr 2024 | 4.00 | 3.85 | 4.11 | 3.84 | 1.373 times |
| 01 Mon Apr 2024 | 3.88 | 4.00 | 4.00 | 3.85 | 2.273 times |
| 28 Thu Mar 2024 | 4.00 | 3.92 | 4.15 | 3.81 | 0.573 times |
| 27 Wed Mar 2024 | 3.92 | 3.89 | 3.95 | 3.80 | 0.448 times |
| 26 Tue Mar 2024 | 3.86 | 3.83 | 3.90 | 3.55 | 1.093 times |
| 25 Mon Mar 2024 | 3.87 | 3.81 | 3.96 | 3.81 | 0.766 times |
| 22 Fri Mar 2024 | 3.83 | 3.55 | 3.83 | 3.55 | 1.205 times |
| 21 Thu Mar 2024 | 3.63 | 3.63 | 3.80 | 3.63 | 0.822 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 4 as stoploss in an intra day sell trade for a target of 3.87. However, stock will show a bullish move above 4.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 3.46 |
| Downside Target | 3.55 |
| Downside Target | 3.80 |
| 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 | 3.8 |
| Downside Intraday Target | 3.64 |
| Upside Intraday Target | 4.11 |
| Upside Intraday Target | 4.26 |
| Upside Intraday Target | 3.95 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 3.95 | 4.00 | 4.11 | 3.80 | 1.877 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 down 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 |
| 04 Thu Apr 2024 | 3.95 | 4.00 | 4.11 | 3.80 | 0.231 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 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 Mei Pharma (MEIP)
Price action analysis of Mei Pharma ( (MEIP) ) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. 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 coming down
CCI has generated a SELL signal for Mei Pharma in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 3.9 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. 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 coming down
CCI has generated a SELL signal for Mei Pharma in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 3.9 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.