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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 2021-12-16 View latest technical analysis

10 day averaged volume of Melstar Info is 7546

Date Daily Closing Price Open High Low Volume
16 Thu Dec 2021 5.99 5.98 5.99 5.50 3.715 times
15 Wed Dec 2021 5.71 5.71 5.71 5.51 2.284 times
14 Tue Dec 2021 5.44 5.30 5.46 5.11 1.122 times
13 Mon Dec 2021 5.20 5.02 5.27 4.97 0.386 times
10 Fri Dec 2021 5.02 5.25 5.35 4.97 1.279 times
09 Thu Dec 2021 5.22 5.22 5.50 5.22 0.298 times
08 Wed Dec 2021 5.49 5.99 6.00 5.49 1.599 times
07 Tue Dec 2021 5.77 5.82 5.82 5.45 0.512 times
06 Mon Dec 2021 5.55 5.68 5.68 5.25 1.189 times
03 Fri Dec 2021 5.41 5.17 5.70 5.17 0.8 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6, for a target of 5.7 or 5.4

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 5.78
Downside Target 5.99
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 5.31
Downside Intraday Target 4.63
Upside Intraday Target 6.33
Upside Intraday Target 6.67
Downside Intraday Target 5.65

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
16 Thu Dec 2021 5.99 5.02 5.99 4.97 1.539 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, 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
16 Thu Dec 2021 5.99 5.28 6.00 4.97 0.471 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 37, 13, 47 Buy
MACD 0, 0Buy
Stochastics 72Buy
CCI 123Buy
RSI 51Buy
OBV 71631Sell
VWAP 6Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 BUY signal for Melstar Info in short term and the buy 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 5.62 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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