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Modern Engineering & Projects Ltd.

MEAPL.BO•BSE
Financial Services
Investment - Banking & Investment Services
₹32.56
₹-0.36(-1.09%)
Indian Market opens in 12h 44m

Modern Engineering & Projects Ltd. (MEAPL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Modern Engineering & Projects Ltd. (BSE:MEAPL.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEAPL.BO Technical Analysis Summary

Modern Engineering & Projects Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.54)
Trend Strength:Moderate (ADX: 26.73)
Volatility:High (ATR: 2.92)
Support/Resistance:$28.58 – $38.26 (Bollinger Bands)

Technical conditions suggest Modern Engineering & Projects Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 31.34

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 9.37

Strongly Bullish
Strong upside momentum.

Takeaway:Modern Engineering & Projects Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.66

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.73

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.92

Medium
Medium volatility, healthy price movement.

CCI (14): -30.73

Bearish
Bearish, momentum remains under pressure.

Takeaway:Modern Engineering & Projects Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$38.26
Middle Band (SMA 20)
$33.42
Lower Band
$28.58
Current Position
Within Bands

Takeaway:Modern Engineering & Projects Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$39.60
Middle Line (EMA 20)
$33.76
Lower Channel
$27.91
Squeeze Status
Squeeze On

Takeaway:Modern Engineering & Projects Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume286.24K
Money Flow Index76.70Bullish, inflows support continued momentum.
Relative Vigor Index50.42Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEAPL.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Modern Engineering & Projects Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Modern Engineering & Projects Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ