(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)
Showing technical analysis as on 2021-08-18 View latest technical analysis
10 day averaged volume of Melstar Info is 3345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 2.66 | 2.79 | 2.84 | 2.66 | 0.456 times |
| 17 Tue Aug 2021 | 2.80 | 2.79 | 2.80 | 2.79 | 0.03 times |
| 16 Mon Aug 2021 | 2.80 | 2.80 | 2.86 | 2.72 | 1.126 times |
| 13 Fri Aug 2021 | 2.86 | 2.86 | 2.86 | 2.85 | 0.129 times |
| 12 Thu Aug 2021 | 2.99 | 3.00 | 3.00 | 2.99 | 0.299 times |
| 11 Wed Aug 2021 | 3.00 | 3.14 | 3.14 | 3.00 | 0.149 times |
| 10 Tue Aug 2021 | 3.05 | 3.00 | 3.25 | 3.00 | 1.985 times |
| 09 Mon Aug 2021 | 3.12 | 3.15 | 3.15 | 3.12 | 1.804 times |
| 06 Fri Aug 2021 | 3.28 | 3.35 | 3.35 | 3.10 | 4.139 times |
| 05 Thu Aug 2021 | 3.23 | 3.23 | 3.23 | 3.23 | 0.008 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.6, for a target of 2.9 or 3.14
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 1.77 |
| Downside Target | 1.89 |
| Downside Target | 2.11 |
| Downside Target | 2.20 |
| Downside Target | 2.50 |
| Downside Target | 2.66 |
| Upside Target | 2.85 |
| Upside Target | 2.98 |
| Upside Target | 3.12 |
| Upside Target | 3.23 |
| Upside Target | 3.45 |
| Upside Target | 3.65 |
| Upside Target | 3.75 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 2.59 |
| Downside Intraday Target | 2.53 |
| Upside Intraday Target | 2.79 |
| Upside Intraday Target | 2.93 |
| Upside Intraday Target | 2.73 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 2.66 | 2.80 | 2.86 | 2.66 | 0.369 times |
| 13 Fri Aug 2021 | 2.86 | 3.15 | 3.25 | 2.85 | 0.714 times |
| 06 Fri Aug 2021 | 3.28 | 3.45 | 3.45 | 3.00 | 0.602 times |
| 30 Fri Jul 2021 | 3.30 | 3.50 | 3.65 | 3.23 | 1.537 times |
| 23 Fri Jul 2021 | 3.35 | 3.58 | 3.75 | 3.12 | 0.339 times |
Price has moved down 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 |
| 18 Wed Aug 2021 | 2.66 | 3.45 | 3.45 | 2.66 | 0.156 times |
| 30 Fri Jul 2021 | 3.30 | 3.00 | 3.75 | 2.98 | 1.297 times |
| 30 Wed Jun 2021 | 2.86 | 2.30 | 3.03 | 2.20 | 3.869 times |
| 31 Mon May 2021 | 2.30 | 1.85 | 2.50 | 1.77 | 3.203 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 | 31, 44, 17 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 8 | Sell |
| CCI | -113 | Sell |
| RSI | 53 | Buy |
| OBV | 15192 | Sell |
| VWAP | 3 | Sell |
| ADL | 0 | Sell |
| ROC | -18 | Sell |
| Force Index | 0 | Sell |
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Melstar Info stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Melstar Info in short term and the sell signal is strong.
Melstar Info 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Melstar Info in short term and SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Melstar Info is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.11 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.
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