MEI PHARMA INC (MEIP) Stock Technical Analysis
NASDAQ:MEIP - Nasdaq - US55279B3015 - Common Stock - Currency: USD
Taking everything into account, MEIP scores 1 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than MEIP.
MEIP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MEIP is lagging the market.
Warning: MEIP has an average volume of 9224 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MEIP has a been trading in the 1.46 - 2.19 range, which is quite wide. It is currently trading near the high of this range.
MEIP is an average performer in the Biotechnology industry, it outperforms 58% of 562 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
MEIP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.07, a Stop Loss order could be placed below this zone.
More info and screens
2.01
2.59
When analyzing the support we notice one important area.
- A support zone ranging from 2.03 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.40 from a trend line in the daily time frame.
- Resistance @2.56 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.91
Mansfield-2.54
10 Day High2.14
10 Day Low1.92
20 Day High2.19
20 Day Low1.46
52 Week High4.1
52 Week Low1.46
Performance
1 Week1.46%
2 Weeks5.03%
1 Month11.76%
3 Month-22.3%
6 Month-28.42%
12 Month-33.65%
2 Year-72.86%
3 Year-78.06%
5 Year-97.14%
10 Year-94.5%
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)51.05
LBB1.96
UBB2.15
NASDAQ:MEIP (5/12/2025, 4:37:06 PM)
2.09
+0.04 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.2%
1 Week1.46%
2 Weeks5.03%
1 Month11.76%
3 Month-22.3%
6 Month-28.42%
12 Month-33.65%
2 Year-72.86%
3 Year-78.06%
5 Year-97.14%
10 Year-94.5%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.18%
ATR Inc-40.86%
Range Today0.03
ADR(20)0.14
ADR(20)%6.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.91
Mansfield-2.54
10 Day High2.14
10 Day Low1.92
20 Day High2.19
20 Day Low1.46
52 Week High4.1
52 Week Low1.46
CS1 End2.07
CR1 Start2.16
Volume & EV
DER(3)-1.84%
DER(5)-1.49%
Volume2.96K
Volume Incr-53.7%
Vol(5)4.34K
Vol(50)9.22K