(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.
10 day averaged volume of Mei Pharma is 10560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 3.13 | 3.20 | 3.20 | 2.99 | 2.377 times |
| 06 Mon May 2024 | 3.20 | 3.06 | 3.30 | 3.06 | 1.43 times |
| 03 Fri May 2024 | 3.06 | 3.13 | 3.19 | 3.06 | 1.619 times |
| 02 Thu May 2024 | 3.06 | 3.08 | 3.19 | 3.06 | 1.042 times |
| 01 Wed May 2024 | 3.06 | 3.01 | 3.20 | 3.01 | 1.364 times |
| 30 Tue Apr 2024 | 3.05 | 3.08 | 3.08 | 3.02 | 0.18 times |
| 29 Mon Apr 2024 | 3.08 | 3.02 | 3.17 | 3.02 | 0.862 times |
| 26 Fri Apr 2024 | 3.05 | 3.15 | 3.15 | 3.03 | 0.758 times |
| 25 Thu Apr 2024 | 3.10 | 3.26 | 3.26 | 3.10 | 1.581 times |
| 24 Wed Apr 2024 | 3.26 | 3.38 | 3.45 | 3.22 | 0.691 times |
Stock of Mei Pharma (MEIP) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 3 or till 2.8. Use a stoploss of 3.23 and if the stock hits stoploss, then it can shoot up till 3.41
Share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Target | 2.99 |
| Upside Target | 3.20 |
| Upside Target | 3.30 |
| Upside Target | 3.44 |
| Upside Target | 3.46 |
| Upside Target | 3.88 |
| Upside Target | 4.11 |
| Upside Target | 4.13 |
| Upside Target | 4.33 |
| Upside Target | 4.48 |
| Upside Target | 4.97 |
| Upside Target | 6.26 |
Intraday share price targets for Mei Pharma (MEIP)
| Target Type | Value |
| Downside Intraday Target | 2.98 |
| Downside Intraday Target | 2.83 |
| Upside Intraday Target | 3.29 |
| Upside Intraday Target | 3.45 |
| Upside Intraday Target | 3.14 |
Weekly technical analysis of Mei Pharma (MEIP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 3.13 | 3.06 | 3.30 | 2.99 | 0.751 times |
| 03 Fri May 2024 | 3.06 | 3.02 | 3.20 | 3.01 | 1.23 times |
| 26 Fri Apr 2024 | 3.05 | 3.22 | 3.45 | 3.03 | 0.565 times |
| 19 Fri Apr 2024 | 3.25 | 3.34 | 3.44 | 3.20 | 0.764 times |
| 12 Fri Apr 2024 | 3.27 | 3.78 | 3.88 | 3.21 | 0.741 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 Mei Pharma (MEIP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 3.13 | 3.01 | 3.30 | 2.99 | 0.225 times |
| 30 Tue Apr 2024 | 3.05 | 4.00 | 4.11 | 3.02 | 0.677 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 |
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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.11 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 falling down
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 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 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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3.11 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 falling down
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 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.