Long Term Trend: Strong
AI Indicator Strength: 55.0%
StockMEESHO
Current PriceβΉ240.67
Short Term Trend
Strong Upward
Trend: Strong
ΒΌ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bearish
π Momentum (RSI)
- RSI: 63.38
- Mild negative bias
MACD: Weak Bearish
ΒΌ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
π Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Strong
π MEESHO Stock Strength & Risk Analysis
β
Positive Factors
- Trading well above 200-day moving averages reinforces core stability.
β Risk Factors
- Minor technical overextension suggests potential for a brief consolidation phase.
π Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
π― Technical Indicators: Support & Resistance
π’ Support Zones
βΉ201.51
βΉ199.49
βΉ197.48
π΄ Resistance Zones
βΉ244.74
βΉ247.19
βΉ249.63
MEESHO Price Action: The nearest structural support is quite distant at βΉ201.51 (over 10% away). In the short term, traders should watch the EMA20 at βΉ225.79 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at βΉ244.74.
π Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 155.97 |
| 38.2% | 174.78 |
| 50.0% | 189.98 |
| 61.8% | 205.18 |
| 78.6% | 226.83 |
Structural Pullbacks: With MEESHO trading within 10% of its 52-week high, close intermediate parameters like the 23.6% level at βΉ155.97 or the short-term EMA9 baseline act as logical continuation test areas. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where MEESHO might find fresh buying interest.
π Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 234.86 | SMA5 | 236.07 |
| EMA9 | 231.95 | SMA9 | 230.72 |
| EMA20 | 225.79 | SMA20 | 225.17 |
| EMA50 | 213.41 | SMA50 | 209.99 |
| EMA100 | 201.13 | SMA100 | 196.48 |
| EMA200 | 189.37 | SMA200 | 181.67 |
π AI Scorecard (How Confidence is Calculated)
β’ RSI Neutral-Bearish: -1 π΄
π΄
β’ Price > EMA20 (Short-term Bullish): +1 π’
π’
β’ EMA20 > EMA50 (Medium Uptrend): +1 π’
π’
β’ Price > EMA200 (Long-term Bullish): +1 π’
π’
β’ MACD Weak Bearish: -1 π΄
π΄
β’ Total Score: 1
π΄
β’ Confidence Score: 55.00%
π΄
Total Score: 1
Technical Indicator Strength: 55.0%
- Strong alignment in behavior
- AI Confidence Score: 55.0%
π Market appears neutral
π MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-09-28 |
Bearish |
216.83 |
216.83 |
226.41 |
211.77 |
2.33% |
4.42 |
244.00 |
211.77% |
2.33 |
12.53 |
18.82 52.34 Success |
| 2026-09-22 |
Bullish |
240.19 |
243.00 |
244.37 |
230.94 |
0.56% |
4.96 |
244.37 |
211.77% |
1.74 |
11.83 |
100.00 76.85 Success |
| 2026-09-16 |
Bearish |
213.26 |
213.00 |
213.07 |
206.75 |
2.93% |
0.03 |
244.74 |
206.75% |
3.05 |
14.76 |
5.26 50.40 Success |
| 2026-08-04 |
Bullish |
191.88 |
193.00 |
193.49 |
188.63 |
0.25% |
2.26 |
193.49 |
184.64% |
0.84 |
3.77 |
0.68 21.25 Success |
| 2026-07-16 |
Bearish |
184.91 |
185.40 |
190.00 |
184.30 |
0.59% |
2.48 |
193.20 |
183.11% |
0.97 |
4.48 |
33.45 38.64 Success |
| 2026-06-22 |
Bullish |
172.21 |
174.25 |
188.00 |
170.55 |
7.89% |
2.12 |
195.48 |
170.55% |
13.51 |
0.96 |
18.22 74.29 Success |
| 2026-05-12 |
Bearish |
181.88 |
180.00 |
193.47 |
179.21 |
0.44% |
7.48 |
196.00 |
179.21% |
1.47 |
7.76 |
27.77 47.07 Success |
| 2026-03-20 |
Bullish |
144.60 |
143.90 |
144.50 |
139.11 |
0.42% |
3.33 |
153.42 |
139.00% |
6.10 |
3.87 |
16.44 49.41 Success |
| 2026-03-09 |
Bearish |
143.34 |
145.00 |
146.04 |
135.44 |
6.59% |
0.72 |
146.04 |
125.56% |
12.40 |
1.88 |
6.15 69.46 Success |
| 2026-02-16 |
Bullish |
153.63 |
153.63 |
155.90 |
151.44 |
1.48% |
1.43 |
161.08 |
151.44% |
4.85 |
1.43 |
2.99 39.07 Success |
| 2026-02-03 |
Bearish |
149.33 |
146.20 |
150.00 |
144.76 |
0.98% |
2.60 |
159.39 |
144.76% |
3.06 |
6.74 |
87.47 75.50 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for MEESHO. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.