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(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 2025-01-23 View latest technical analysis

10 day averaged volume of Mei Pharma is 15270

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2.82	2.72	2.84	2.72	1.454 times
22 Wed Jan 2025	2.77	2.71	2.87	2.70	0.642 times
21 Tue Jan 2025	2.83	2.88	2.90	2.77	1.618 times
17 Fri Jan 2025	2.87	2.78	2.87	2.76	1.225 times
17 Fri Jan 2025	2.87	2.78	2.87	2.76	1.225 times
16 Thu Jan 2025	2.77	2.75	2.80	2.73	1.395 times
15 Wed Jan 2025	2.77	2.75	2.77	2.65	1.028 times
14 Tue Jan 2025	2.75	2.75	2.77	2.63	0.707 times
13 Mon Jan 2025	2.72	2.64	2.72	2.62	0.295 times
10 Fri Jan 2025	2.70	2.60	2.73	2.58	0.871 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.8, but if it comes below 2.8, then a intra day sell could be more profitable.
If you take a sell trade below 2.8, then use 2.8 as stoploss and 2.67 as target. However if you take a buy trade in stock , then use 2.8 as stoploss and 3 as target.

Share price targets for Mei Pharma (MEIP)

Target Type	Value
Downside Target	2.30
Downside Target	2.47
Downside Target	2.56
Downside Target	2.70
Upside Target	2.87
Upside Target	2.89
Upside Target	2.90
Upside Target	3.15
Upside Target	3.29
Upside Target	3.33

Intraday share price targets for Mei Pharma (MEIP)

Target Type	Value
Downside Intraday Target	2.71
Downside Intraday Target	2.61
Upside Intraday Target	2.91
Upside Intraday Target	3.01
Downside Intraday Target	2.81

Weekly technical analysis of Mei Pharma (MEIP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2.82	2.88	2.90	2.70	3.032 times
17 Fri Jan 2025	2.87	2.78	2.87	2.76	0.263 times
17 Fri Jan 2025	2.87	2.64	2.87	2.62	2.491 times
10 Fri Jan 2025	2.70	2.60	2.75	2.58	0.817 times
08 Wed Jan 2025	2.69	2.65	2.78	2.56	0.329 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
23 Thu Jan 2025	2.82	2.49	2.90	2.47	0.352 times
31 Tue Dec 2024	2.46	2.71	2.89	2.30	1.924 times
26 Tue Nov 2024	2.84	3.00	3.15	2.75	0.176 times
31 Thu Oct 2024	3.10	2.89	3.29	2.61	5.847 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 and the buy signal is strong.

Mei Pharma 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 moving up

CCI has generated a buy signal for Mei Pharma in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 2.8 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 positive

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