(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 2022-08-01 View latest technical analysis
10 day averaged volume of Mega Corpn is 53748
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||2.18||2.11||2.21||2.09||1.009 times|
|29 Fri Jul 2022||2.11||2.19||2.20||2.09||1.861 times|
|28 Thu Jul 2022||2.20||2.34||2.34||2.12||1.351 times|
|27 Wed Jul 2022||2.23||2.17||2.36||2.16||0.946 times|
|26 Tue Jul 2022||2.27||2.30||2.30||2.23||0.47 times|
|25 Mon Jul 2022||2.33||2.44||2.44||2.27||1.985 times|
|22 Fri Jul 2022||2.33||2.25||2.37||2.16||0.897 times|
|21 Thu Jul 2022||2.26||2.15||2.26||2.11||0.93 times|
|20 Wed Jul 2022||2.16||2.13||2.34||2.13||0.791 times|
|19 Tue Jul 2022||2.24||2.10||2.25||2.08||0.378 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.22 as target.
Share price targets for Mega Corpn (MegaCorpn)
Intraday share price targets for Mega Corpn (MegaCorpn)
|Downside Intraday Target||2.11|
|Downside Intraday Target||2.04|
|Upside Intraday Target||2.23|
|Upside Intraday Target||2.28|
|Downside Intraday Target||2.16|
Weekly technical analysis of Mega Corpn (MegaCorpn)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||2.18||2.11||2.21||2.09||0.153 times|
|29 Fri Jul 2022||2.11||2.44||2.44||2.09||1.952 times|
|22 Fri Jul 2022||2.33||2.25||2.37||2.08||0.83 times|
|15 Fri Jul 2022||2.19||2.19||2.30||2.03||0.864 times|
|08 Fri Jul 2022||2.23||2.23||2.35||2.10||1.542 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|
|01 Mon Aug 2022||2.18||2.11||2.21||2.09||0.052 times|
|29 Fri Jul 2022||2.11||2.23||2.44||2.03||0.601 times|
|30 Thu Jun 2022||2.21||2.23||3.00||2.03||1.268 times|
|31 Tue May 2022||2.32||2.75||2.83||2.05||0.623 times|
Scroll below to view daily charts
Price has moved up 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||31, 31, 0||Sell|
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mega Corpn ( (MegaCorpn) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Mega Corpn in short term but the buy signal is initial and weak.
Mega Corpn Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mega Corpn in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 2.23 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 is giving positive 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.