Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MegaCorpn) Mega Corpn complete technical analysis [charts+indicators] | Buy/Sell Mega Corpn | (MegaCorpn) share price targets

Complete technical analysis of Mega Corpn (MegaCorpn) by charts plus indicators, forecast predictions and share price targets for Mega Corpn (MegaCorpn)

Showing technical analysis as on 2022-05-16 View latest technical analysis

10 day averaged volume of Mega Corpn is 64539

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 2.41 2.29 2.41 2.19 0.676 times
13 Fri May 2022 2.30 2.30 2.42 2.30 0.792 times
12 Thu May 2022 2.42 2.60 2.60 2.42 0.399 times
11 Wed May 2022 2.54 2.73 2.73 2.54 0.819 times
10 Tue May 2022 2.67 2.51 2.73 2.51 1.062 times
09 Mon May 2022 2.64 2.80 2.80 2.54 1.308 times
06 Fri May 2022 2.67 2.61 2.72 2.60 0.844 times
05 Thu May 2022 2.73 2.75 2.75 2.53 1.283 times
04 Wed May 2022 2.62 2.76 2.83 2.58 1.395 times
02 Mon May 2022 2.71 2.75 2.78 2.65 1.212 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.5, but if it comes above 2.5, then a intra day buy could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 2.3 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.73 as target.

Share price targets for Mega Corpn (MegaCorpn)

Target Type Value
Downside Target 2.01
Downside Target 2.17
Downside Target 2.30
Downside Target 2.41
Upside Target 2.53
Upside Target 2.80
Upside Target 3.09
Upside Target 3.20
Upside Target 3.31
Upside Target 3.40
Upside Target 3.61
Upside Target 4.99
Upside Target 5.41

Intraday share price targets for Mega Corpn (MegaCorpn)

Target Type Value
Downside Intraday Target 2.26
Downside Intraday Target 2.12
Upside Intraday Target 2.48
Upside Intraday Target 2.56
Downside Intraday Target 2.34

Weekly technical analysis of Mega Corpn (MegaCorpn)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 2.41 2.29 2.41 2.19 0.154 times
13 Fri May 2022 2.30 2.80 2.80 2.30 0.925 times
06 Fri May 2022 2.67 2.75 2.83 2.53 0.768 times
29 Fri Apr 2022 2.69 3.07 3.09 2.58 0.669 times
22 Fri Apr 2022 2.96 3.20 3.20 2.85 1.327 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mega Corpn (MegaCorpn)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 2.41 2.75 2.83 2.19 0.29 times
29 Fri Apr 2022 2.69 2.77 3.40 2.58 0.643 times
31 Thu Mar 2022 2.69 2.07 3.31 2.01 1.069 times
28 Mon Feb 2022 2.17 4.80 4.99 2.17 0.449 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mega Corpn (MegaCorpn)

Indicator Name Indicator Value Indicator Signal
ADX 25, 35, 17 Sell
MACD -0, -0Sell
Stochastics 11Sell
CCI -139Sell
RSI 50Sell
OBV -581739Sell
VWAP 3Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Mega Corpn ( (MegaCorpn) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mega Corpn ( (MegaCorpn) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mega Corpn ( (MegaCorpn) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mega Corpn ( (MegaCorpn) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mega Corpn stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mega Corpn in short term and the sell signal is strong.

Mega Corpn Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mega Corpn in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mega Corpn is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.6 and Mega Corpn (MegaCorpn) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mega Corpn (MegaCorpn) stock. Volume based technical analysis of Mega Corpn (MegaCorpn) stock is negative.

Mega Corpn Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Mega Corpn charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme