Long Term Trend: Neutral
AI Indicator Strength: 55.0%
StockMEESHO
Current Price₹205.07
Short Term Trend
Strong Upward
Trend: Neutral
¼ Long Term Trend Structure
- Price consolidating within ranges
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 68.23
- Mild negative bias
MACD: Weak Bullish
¼ MACD Observation
- Weak positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Neutral
📊 MEESHO Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Downward structural bias is currently active.
📌 Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹173.50
₹171.76
₹170.03
🔴 Resistance Zones
₹212.65
₹214.78
₹216.90
MEESHO Price Action: The nearest structural support is quite distant at ₹173.5 (over 10% away). In the short term, traders should watch the EMA20 at ₹193.10 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹212.65.
📊 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 in the upper half of its 52-week range, upper support floors like the 23.6% level at ₹155.97 act as immediate breakout retest zones. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where MEESHO might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 200.27 | SMA5 | 198.88 |
| EMA9 | 197.20 | SMA9 | 195.72 |
| EMA20 | 193.10 | SMA20 | 190.58 |
| EMA50 | 188.10 | SMA50 | 186.93 |
| EMA100 | 182.65 | SMA100 | 182.21 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Weak Bullish: +1 🟢
🟢
• Total Score: 1
🔴
• Confidence Score: 55.00%
🔴
Total Score: 1
Technical Indicator Strength: 55.0%
- Neutral alignment in behavior
- AI Confidence Score: 55.0%
👉 Market appears neutral
📊 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 |
| 2026-08-04 |
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.