(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 2021-12-21 View latest technical analysis
10 day averaged volume of Melstar Info is 13729
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Dec 2021 | 6.27 | 6.27 | 6.85 | 6.27 | 0.875 times |
| 20 Mon Dec 2021 | 6.59 | 6.59 | 6.59 | 6.59 | 2.351 times |
| 17 Fri Dec 2021 | 6.28 | 6.28 | 6.28 | 6.03 | 1.496 times |
| 16 Thu Dec 2021 | 5.99 | 5.98 | 5.99 | 5.50 | 2.042 times |
| 15 Wed Dec 2021 | 5.71 | 5.71 | 5.71 | 5.51 | 1.255 times |
| 14 Tue Dec 2021 | 5.44 | 5.30 | 5.46 | 5.11 | 0.617 times |
| 13 Mon Dec 2021 | 5.20 | 5.02 | 5.27 | 4.97 | 0.212 times |
| 10 Fri Dec 2021 | 5.02 | 5.25 | 5.35 | 4.97 | 0.703 times |
| 09 Thu Dec 2021 | 5.22 | 5.22 | 5.50 | 5.22 | 0.164 times |
| 08 Wed Dec 2021 | 5.49 | 5.99 | 6.00 | 5.49 | 0.879 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6, but if it comes below 6, then a intra day sell could be more profitable.
If you take a sell trade below 6, then use 6 as stoploss and 5.61 as target. However if you take a buy trade in stock , then use 6 as stoploss and 6.5 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 | 5.78 |
| Downside Target | 6.00 |
| Downside Target | 6.27 |
| Upside Target | 6.37 |
| Upside Target | 6.85 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 6.08 |
| Downside Intraday Target | 5.88 |
| Upside Intraday Target | 6.66 |
| Upside Intraday Target | 7.04 |
| Upside Intraday Target | 6.46 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Dec 2021 | 6.27 | 6.59 | 6.85 | 6.27 | 0.574 times |
| 17 Fri Dec 2021 | 6.28 | 5.02 | 6.28 | 4.97 | 2.097 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 |
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 |
| 21 Tue Dec 2021 | 6.27 | 5.28 | 6.85 | 4.97 | 0.763 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 | 42, 21, 33 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 90 | Buy |
| CCI | 113 | Sell |
| RSI | 52 | Buy |
| OBV | 114538 | Sell |
| VWAP | 6 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
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 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 to mid 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 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 losing 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 5.99 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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