Is Modern Engineering & Projects Ltd. stock a buy or sell right now?

Modern Engineering & Projects Ltd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Modern Engineering & Projects Ltd.’s RSI?

RSI is 49.79, showing balanced momentum within the normal range.

What does MACD indicate for MEAPL.BO?

MACD at -0.24 shows bearish pressure, with downside momentum building.

What are Modern Engineering & Projects Ltd.’s key support and resistance levels?

Support sits around $30.76, while resistance is near $34.67.

Modern Engineering & Projects Ltd.

MEAPL.BO•BSE

Financial Services

Investment - Banking & Investment Services

₹33.00

₹1.28(4.04%)

Indian Market opens in 6h 58m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 49.79)

Trend Strength:Weak (ADX: 15.89)

Volatility:High (ATR: 2.93)

Support/Resistance:$30.76 – $34.67 (Bollinger Bands)

This mix signals that Modern Engineering & Projects Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.79

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 70.26

Bullish

Buying momentum building without extremes.

Williams %R: -34.29

Bullish

Buying pressure building steadily.

Rate of Change (ROC): -0.94

Neutral

Price change is minimal.

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

Trend & Volatility

MACD: -0.24

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 15.89

Weak

Weak trend, market trading sideways.

ATR (14): 2.93

Medium

Medium volatility, healthy price movement.

CCI (14): -12.85

Neutral

Neutral, no strong directional signal.

Takeaway:Modern Engineering & Projects Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$34.67

Middle Band (SMA 20)

$32.72

Lower Band

$30.76

Current Position

Within Bands

Takeaway:Modern Engineering & Projects Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$38.53

Middle Line (EMA 20)

$32.66

Lower Channel

$26.80

Squeeze Status

Squeeze On

Takeaway:Modern Engineering & Projects Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume66.90K

Money Flow Index39.59Bearish, selling pressure outweighs inflows.

Relative Vigor Index31.20Bearish, price momentum favors sellers.

Overall Takeaway:MEAPL.BO shows bearish money flow, with sellers dominating volume and vigor.

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

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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