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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)

Showing technical analysis as on 2021-09-01 View latest technical analysis

10 day averaged volume of Melstar Info is 2032

Date Daily Closing Price Open High Low Volume
01 Wed Sep 2021 2.45 2.45 2.45 2.45 0.209 times
31 Tue Aug 2021 2.45 2.37 2.61 2.37 2.099 times
30 Mon Aug 2021 2.49 2.55 2.55 2.38 1.727 times
27 Fri Aug 2021 2.50 2.30 2.50 2.30 0.344 times
26 Thu Aug 2021 2.41 2.63 2.63 2.41 0.727 times
25 Wed Aug 2021 2.53 2.38 2.55 2.38 0.77 times
24 Tue Aug 2021 2.50 2.41 2.50 2.41 3.099 times
23 Mon Aug 2021 2.51 2.55 2.55 2.51 0.32 times
20 Fri Aug 2021 2.64 2.78 2.78 2.53 0.114 times
18 Wed Aug 2021 2.66 2.79 2.84 2.66 0.751 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 2.1 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.78 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 1.77
Downside Target 2.20
Downside Target 2.30
Downside Target 2.37
Downside Target 2.45
Upside Target 2.50
Upside Target 2.61
Upside Target 2.85
Upside Target 2.98
Upside Target 3.03
Upside Target 3.25
Upside Target 3.45
Upside Target 3.75

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 2.34
Downside Intraday Target 2.24
Upside Intraday Target 2.58
Upside Intraday Target 2.72
Upside Intraday Target 2.48

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
01 Wed Sep 2021 2.45 2.55 2.61 2.37 0.767 times
27 Fri Aug 2021 2.50 2.55 2.63 2.30 1.9 times
20 Fri Aug 2021 2.64 2.80 2.86 2.53 0.385 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

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
01 Wed Sep 2021 2.45 2.45 2.45 2.45 0.007 times
31 Tue Aug 2021 2.45 3.45 3.45 2.30 0.228 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

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, 31, 0 Sell
MACD -0, -0Sell
Stochastics 30Sell
CCI -65Sell
RSI 56Buy
OBV -19120Sell
VWAP 3Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 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 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.

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

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 2.5 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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Daily charts

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Daily chart

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