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Modern Engineering & Projects Ltd.

MEAPL.BO Technical Analysis Summary (BSE)

Analyze MEAPL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MEAPL.BO●BSE
Financial ServicesInvestment - Banking & Investment Services
₹28.44
₹0.06(0.21%)
Indian Market opens in 22h 51m

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 (BSE)

Modern Engineering & Projects Ltd. (BSE: MEAPL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.80)
Trend Strength:Weak (ADX: 13.16)
Volatility:High (ATR: 1.82)
Support/Resistance:$27.93 – $31.08 (Bollinger Bands)

Technical conditions suggest Modern Engineering & Projects Ltd. on the BSE is awaiting a decisive move. This mix signals that Modern Engineering & Projects Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 39.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.91

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.69

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Modern Engineering & Projects Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.97

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.16

Weak
Weak trend, market trading sideways.

ATR (14): 1.82

Low
Low volatility, stable price action.

CCI (14): -117.68

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$31.08
Middle Band (SMA 20)
$29.50
Lower Band
$27.93
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$33.20
Middle Line (EMA 20)
$29.57
Lower Channel
$25.93
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 Volume-568.36K
Money Flow Index19.19Bullish, oversold conditions signal rebound potential.
Relative Vigor Index45.93Neutral to Bearish, sellers hold a slight edge.

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. (BSE: MEAPL.BO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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.

(BSE: MEAPL.BO) Technical Analysis FAQ