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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 2021-12-15 View latest technical analysis

10 day averaged volume of Melstar Info is 5929

Date Daily Closing Price Open High Low Volume
15 Wed Dec 2021 5.71 5.71 5.71 5.51 2.907 times
14 Tue Dec 2021 5.44 5.30 5.46 5.11 1.428 times
13 Mon Dec 2021 5.20 5.02 5.27 4.97 0.491 times
10 Fri Dec 2021 5.02 5.25 5.35 4.97 1.627 times
09 Thu Dec 2021 5.22 5.22 5.50 5.22 0.379 times
08 Wed Dec 2021 5.49 5.99 6.00 5.49 2.035 times
07 Tue Dec 2021 5.77 5.82 5.82 5.45 0.652 times
06 Mon Dec 2021 5.55 5.68 5.68 5.25 1.513 times
03 Fri Dec 2021 5.41 5.17 5.70 5.17 1.018 times
02 Thu Dec 2021 5.43 5.61 5.61 5.20 0.675 times

Stock of Melstar Info (MelstarInfo) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.6, but if it comes below 5.6, then a intra day sell could be more profitable.
If you take a sell trade below 5.6, then use 5.6 as stoploss and 5.36 as target. However if you take a buy trade in stock , then use 5.6 as stoploss and 5.9 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 2.30
Downside Target 2.45
Downside Target 3.37
Downside Target 3.45
Downside Target 4.04
Downside Target 4.35
Downside Target 4.56
Downside Target 4.87
Downside Target 4.97
Downside Target 5.17
Downside Target 5.71
Upside Target 6.00
Upside Target 6.03
Upside Target 6.35
Upside Target 6.37

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 5.22
Downside Intraday Target 4.72
Upside Intraday Target 5.96
Upside Intraday Target 6.2
Downside Intraday Target 5.46

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
15 Wed Dec 2021 5.71 5.02 5.71 4.97 0.777 times
10 Fri Dec 2021 5.02 5.68 6.00 4.97 1.961 times
03 Fri Dec 2021 5.41 5.52 6.03 5.17 0.517 times
26 Fri Nov 2021 5.76 4.81 5.78 4.56 2.207 times
18 Thu Nov 2021 5.04 6.35 6.35 5.04 0.179 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
15 Wed Dec 2021 5.71 5.28 6.00 4.97 0.345 times
30 Tue Nov 2021 5.55 4.34 6.37 4.04 1.35 times
29 Fri Oct 2021 4.19 4.00 4.35 3.37 0.817 times
30 Thu Sep 2021 3.97 2.45 4.87 2.45 3.404 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 Melstar Info (MelstarInfo)

Indicator Name Indicator Value Indicator Signal
ADX 32, 16, 33 Buy
MACD 0, 0Sell
Stochastics 47None
CCI 93Buy
RSI 50Buy
OBV 42166Sell
VWAP 5Buy
ADL 0Sell
ROC 7Buy
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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Melstar Info in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 5.47 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 rising upwards.

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 positive

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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