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(Mehai) Mehai complete technical analysis [charts+indicators] | Buy/Sell Mehai | (Mehai) share price targets

Complete technical analysis of Mehai (Mehai) by charts plus indicators, forecast predictions and share price targets for Mehai (Mehai)

10 day averaged volume of Mehai is 91167

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 33.47 33.98 34.05 32.41 1.101 times
16 Thu May 2024 33.48 33.10 34.99 32.02 1.331 times
15 Wed May 2024 32.62 34.48 34.48 31.90 0.917 times
14 Tue May 2024 33.31 34.75 34.75 31.25 0.97 times
13 Mon May 2024 31.61 27.75 32.00 27.75 1.06 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 34.5, for a target of 31.2 or 28.42

Share price targets for Mehai (Mehai)

Target Type Value
Downside Target 18.00
Downside Target 19.30
Downside Target 23.57
Downside Target 24.80
Downside Target 25.35
Downside Target 27.01
Downside Target 27.75
Downside Target 28.84
Downside Target 29.93
Downside Target 30.42
Upside Target 34.63
Upside Target 34.99
Upside Target 36.36

Intraday share price targets for Mehai (Mehai)

Target Type Value
Downside Intraday Target 29.15
Downside Intraday Target 24.83
Upside Intraday Target 36.39
Upside Intraday Target 39.31
Downside Intraday Target 32.07

Weekly technical analysis of Mehai (Mehai)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 33.47 27.75 34.99 27.75 1.164 times
10 Fri May 2024 29.20 28.35 30.42 25.70 1.26 times
03 Fri May 2024 27.66 26.80 28.84 24.80 1.743 times
26 Fri Apr 2024 26.37 27.40 28.00 23.57 0.822 times
19 Fri Apr 2024 26.19 25.01 28.00 23.81 0.562 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 Mehai (Mehai)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 33.47 27.29 34.99 25.70 0.665 times
30 Tue Apr 2024 26.62 20.00 29.93 19.30 3.874 times
28 Thu Mar 2024 19.57 25.34 25.50 18.00 0.724 times
29 Thu Feb 2024 25.35 35.80 36.36 25.35 0.346 times

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 Mehai (Mehai)

Indicator Name Indicator Value Indicator Signal
ADX 23, 7, 53 Buy
MACD 3, 3Buy
Stochastics 81Buy
CCI 85Sell
RSI 67Buy
OBV 488346Sell
VWAP 31Buy
ADL 0Sell
ROC 21Buy
Force Index 0Sell

Price action analysis of Mehai ( (Mehai) ) 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 Mehai ( (Mehai) ) 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 Mehai ( (Mehai) ) based on a short to mid 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 Mehai ( (Mehai) ) 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 Mehai stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mehai in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mehai Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Mehai in short term but SELL signal is weak.

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 Mehai is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.75 and Mehai (Mehai) 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 Mehai (Mehai) stock. Volume based technical analysis of Mehai (Mehai) stock is negative.

Mehai Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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