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

Based on current indicators, Modern Engineering & Projects Ltd. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

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

RSI is 53.90, showing balanced momentum within the normal range.

What does MACD indicate for MEAPL.BO?

MACD at 1.85 remains positive, but the signal line crossover suggests short-term caution.

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

Support sits around $40.05, while resistance is near $47.47.

Modern Engineering & Projects Ltd.

MEAPL.BO•BSE

Financial Services

Investment - Banking & Investment Services

₹41.79

₹-0.26(-0.62%)

Indian Market opens in 14h 26m

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: 53.90)

Trend Strength:Moderate (ADX: 23.51)

Volatility:High (ATR: 3.41)

Support/Resistance:$40.05 – $47.47 (Bollinger Bands)

Overall, Modern Engineering & Projects Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.90

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 58.96

Neutral

Mid-range signal with no clear trend.

Williams %R: -49.25

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -6.31

Strongly Bearish

Sharp downside momentum.

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

Trend & Volatility

MACD: 1.85

Bullish

Bullish, trend momentum is strengthening.

ADX: 23.51

Moderate

Moderate trend, direction gaining strength.

ATR (14): 3.41

Medium

Medium volatility, healthy price movement.

CCI (14): -77.67

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

$47.47

Middle Band (SMA 20)

$43.76

Lower Band

$40.05

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$49.45

Middle Line (EMA 20)

$42.62

Lower Channel

$35.79

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 Volume466.84K

Money Flow Index55.01Neutral, balanced money flows with no clear signal.

Relative Vigor Index60.07Bullish, price momentum strongly favors buyers.

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.