MEI PHARMA INC (MEIP) Stock Technical Analysis
NASDAQ:MEIP - Nasdaq - US55279B3015 - Common Stock - Currency: USD
Overall MEIP gets a technical rating of 0 out of 10. MEIP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MEIP is a bad performer in the overall market: 88% of all stocks are doing better.
MEIP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MEIP has a been trading in the 2.63 - 2.91 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MEIP has an average volume of 23707 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MEIP is part of the Biotechnology industry. There are 572 other stocks in this industry, MEIP did better than 51% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MEIP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MEIP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.68
3.17
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.77 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.87 to 2.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.02 from a trend line in the daily time frame.
- Resistance @3.08 from a horizontal line in the weekly time frame.
- Resistance @3.14 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12
Mansfield-1.99
10 Day High2.91
10 Day Low2.64
20 Day High2.91
20 Day Low2.63
52 Week High4.67
52 Week Low2.3
Performance
1 Week-3.21%
2 Weeks-5.92%
1 Month-0.74%
3 Month-7.53%
6 Month-14.83%
12 Month-38.5%
2 Year-39.24%
3 Year-93.75%
5 Year-93.01%
10 Year-97.71%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)44.08
LBB2.71
UBB2.91
MEI PHARMA INC
NASDAQ:MEIP (2/11/2025, 8:00:00 PM)
2.705
-0.06 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.35%
1 Week-3.21%
2 Weeks-5.92%
1 Month-0.74%
3 Month-7.53%
6 Month-14.83%
12 Month-38.5%
2 Year-39.24%
3 Year-93.75%
5 Year-93.01%
10 Year-97.71%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.74%
ATR Inc-6.83%
Range Today0.11
ADR(20)0.13
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12
Mansfield-1.99
10 Day High2.91
10 Day Low2.64
20 Day High2.91
20 Day Low2.63
52 Week High4.67
52 Week Low2.3
CS1 EndN/A
CR1 Start2.77
Volume & EV
DER(3)8.6%
DER(5)3.42%
Volume4.80K
Volume Incr-9.81%
Vol(5)10.70K
Vol(50)23.71K