(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 2024-04-05 View latest technical analysis
10 day averaged volume of Mei Pharma is 23960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 3.75 | 3.87 | 3.87 | 3.75 | 0.434 times |
| 04 Thu Apr 2024 | 3.95 | 4.01 | 4.06 | 3.80 | 0.651 times |
| 03 Wed Apr 2024 | 4.05 | 4.02 | 4.07 | 3.85 | 1.056 times |
| 02 Tue Apr 2024 | 4.00 | 3.85 | 4.11 | 3.84 | 1.331 times |
| 01 Mon Apr 2024 | 3.88 | 4.00 | 4.00 | 3.85 | 2.204 times |
| 28 Thu Mar 2024 | 4.00 | 3.92 | 4.15 | 3.81 | 0.555 times |
| 27 Wed Mar 2024 | 3.92 | 3.89 | 3.95 | 3.80 | 0.434 times |
| 26 Tue Mar 2024 | 3.86 | 3.83 | 3.90 | 3.55 | 1.06 times |
| 25 Mon Mar 2024 | 3.87 | 3.81 | 3.96 | 3.81 | 0.743 times |
| 22 Fri Mar 2024 | 3.83 | 3.55 | 3.83 | 3.55 | 1.169 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.7 as stoploss in an intra day buy trade for a target of 3.88. However, stock will show a bearish move below 3.7.
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 3.46 |
| Downside Target | 3.55 |
| Downside Target | 3.75 |
| 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 | 3.63 |
| Downside Intraday Target | 3.51 |
| Upside Intraday Target | 3.99 |
| Upside Intraday Target | 4.23 |
| Upside Intraday Target | 3.87 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 3.75 | 4.00 | 4.11 | 3.75 | 2.033 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 |
| 05 Fri Apr 2024 | 3.75 | 4.00 | 4.11 | 3.75 | 0.25 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 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 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 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 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.
Mei Pharma 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mei Pharma in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mei Pharma is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.91 and Mei Pharma (MEIP) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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.
Mei Pharma 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mei Pharma in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mei Pharma is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.91 and Mei Pharma (MEIP) stock is trading below this level. This means that stock is falling with high volumes. 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.