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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 13052

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 2.54 2.54 2.54 2.54 0.073 times
11 Thu Aug 2022 2.42 2.42 2.42 2.42 0.018 times
10 Wed Aug 2022 2.31 2.31 2.31 2.31 0.077 times
08 Mon Aug 2022 2.20 2.19 2.20 2.19 0.016 times
05 Fri Aug 2022 2.10 2.08 2.10 1.92 1.48 times
04 Thu Aug 2022 2.00 2.05 2.15 1.95 2.911 times
03 Wed Aug 2022 2.05 2.25 2.25 2.05 2.507 times
02 Tue Aug 2022 2.15 2.21 2.35 2.15 2.304 times
01 Mon Aug 2022 2.24 2.25 2.25 2.23 0.229 times
30 Sat Jul 2022 2.34 2.46 2.46 2.34 0.284 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.2 or till 1.7. Use a stoploss of 2.59 and if the stock hits stoploss, then it can shoot up till 3

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 1.92
Downside Target 2.19
Downside Target 2.34
Downside Target 2.54
Upside Target 2.70
Upside Target 2.85
Upside Target 3.00
Upside Target 3.10
Upside Target 3.62
Upside Target 3.74
Upside Target 4.00
Upside Target 4.50
Upside Target 4.55

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 2.31
Downside Intraday Target 2.07
Upside Intraday Target 2.66
Upside Intraday Target 2.77
Downside Intraday Target 2.42

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 2.54 2.19 2.54 2.19 0.02 times
05 Fri Aug 2022 2.10 2.25 2.35 1.92 20.488 times
30 Sat Jul 2022 2.34 2.70 2.70 2.34 5.462 times
22 Fri Jul 2022 2.71 2.85 2.85 2.71 1.839 times
06 Wed Jul 2022 3.00 3.10 3.10 3.00 0.52 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 Melstar Info (MelstarInfo)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 2.54 2.25 2.54 1.92 15.482 times
30 Sat Jul 2022 2.34 3.10 3.10 2.34 0.891 times
29 Wed Jun 2022 3.25 4.00 4.00 3.10 0.388 times
30 Mon May 2022 4.00 4.28 4.55 3.62 0.468 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Melstar Info (MelstarInfo)

Indicator Name Indicator Value Indicator Signal
ADX 53, 33, 23 Buy
MACD -1, -1Buy
Stochastics 81Buy
CCI 148Buy
RSI 54Buy
OBV -90785Sell
VWAP 2Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Melstar Info in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 2.09 and Melstar Info (MelstarInfo) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

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Daily charts

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Daily chart

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