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Meesho Ltd.

MEESHO.NS Technical Analysis Summary (NSE)

Analyze MEESHO.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MEESHO.NSNSE
Consumer CyclicalSpecialty Retail
205.07
4.44(2.12%)
Indian Market opens in 16h 50m

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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

MEESHO.NS Technical Analysis Summary (NSE)

Meesho Ltd. (NSE: MEESHO.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 66.06)
Trend Strength:Weak (ADX: 18.84)
Volatility:Medium (ATR: 6.57)
Support/Resistance:$175.98 – $205.62 (Bollinger Bands)

Technical conditions suggest Meesho Ltd. on the NSE is awaiting a decisive move. This mix signals that Meesho Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.06

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.54

Bearish
Overbought levels may trigger pullback.

Williams %R: -20.11

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 7.37

Strongly Bullish
Strong upside momentum.

Takeaway:Meesho Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.84

Weak
Weak trend, market trading sideways.

ATR (14): 6.57

High
High volatility, wide price fluctuations.

CCI (14): 225.74

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Meesho Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$205.62
Middle Band (SMA 20)
$190.80
Lower Band
$175.98
Current Position
Within Bands

Takeaway:Meesho Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$206.63
Middle Line (EMA 20)
$193.50
Lower Channel
$180.36
Squeeze Status
No Squeeze

Takeaway:Meesho Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume33.51M
Money Flow Index81.90Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index54.11Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEESHO.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Meesho Ltd. (NSE: MEESHO.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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

(NSE: MEESHO.NS) Technical Analysis FAQ