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(MelstarInfo) Melstar Info complete technical analysis [charts+indicators] | Buy/Sell Melstar Info | (MelstarInfo) share price targets

Complete technical analysis of Melstar Info (MelstarInfo) by charts plus indicators, forecast predictions and share price targets for Melstar Info (MelstarInfo)

10 day averaged volume of Melstar Info is 1426

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 3.86 3.87 3.87 3.69 0.075 times
26 Thu May 2022 3.69 3.69 3.69 3.69 0.001 times
25 Wed May 2022 3.69 3.80 3.99 3.62 1.949 times
24 Tue May 2022 3.81 4.20 4.20 3.80 1.969 times
23 Mon May 2022 4.00 3.95 4.00 3.90 4.278 times
20 Fri May 2022 3.95 3.95 3.95 3.95 0.095 times
19 Thu May 2022 3.80 3.80 3.80 3.80 0.14 times
18 Wed May 2022 4.00 3.72 4.00 3.71 1.041 times
17 Tue May 2022 3.90 3.90 3.90 3.90 0.011 times
11 Wed May 2022 3.90 4.25 4.25 3.90 0.003 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.8 as stoploss in an intra day buy trade for a target of 4.03. However, stock will show a bearish move below 3.8.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.62
Downside Target 3.71
Upside Target 3.90
Upside Target 4.00
Upside Target 4.09
Upside Target 4.20
Upside Target 4.37
Upside Target 4.50
Upside Target 4.55
Upside Target 4.81
Upside Target 5.04
Upside Target 5.60
Upside Target 5.88
Upside Target 6.19

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 3.59
Downside Intraday Target 3.31
Upside Intraday Target 4.17
Upside Intraday Target 4.47
Upside Intraday Target 3.89

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 3.86 3.95 4.20 3.62 6.428 times
20 Fri May 2022 3.95 3.90 4.00 3.71 0.974 times
11 Wed May 2022 3.90 4.55 4.55 3.90 0.238 times
06 Fri May 2022 4.35 4.28 4.37 3.80 11.066 times
29 Fri Apr 2022 4.28 4.50 4.50 4.00 0.044 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Melstar Info (MelstarInfo)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 3.86 4.28 4.55 3.62 0.468 times
29 Fri Apr 2022 4.28 4.09 4.50 3.74 7.437 times
28 Mon Mar 2022 4.09 4.57 5.04 4.09 2.87 times
24 Thu Feb 2022 4.81 5.87 5.88 4.81 0.361 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 Melstar Info (MelstarInfo)

Indicator Name Indicator Value Indicator Signal
ADX 27, 27, 0 Sell
MACD -0, -0Sell
Stochastics 19Sell
CCI -52Buy
RSI 53Buy
OBV -3620Sell
VWAP 4Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Melstar Info in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Melstar Info 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 buy signal for Melstar Info in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Melstar Info is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.89 and Melstar Info (MelstarInfo) 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 Melstar Info (MelstarInfo) stock. Volume based technical analysis of Melstar Info (MelstarInfo) stock is negative.

Melstar Info 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 Melstar Info charts

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Daily charts

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Daily chart

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