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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 2021-12-27 View latest technical analysis

10 day averaged volume of Melstar Info is 14543

Date Daily Closing Price Open High Low Volume
27 Mon Dec 2021 6.20 6.20 6.20 6.20 0.083 times
21 Tue Dec 2021 6.27 6.27 6.85 6.27 0.826 times
20 Mon Dec 2021 6.59 6.59 6.59 6.59 2.219 times
17 Fri Dec 2021 6.28 6.28 6.28 6.03 1.412 times
16 Thu Dec 2021 5.99 5.98 5.99 5.50 1.928 times
15 Wed Dec 2021 5.71 5.71 5.71 5.51 1.185 times
14 Tue Dec 2021 5.44 5.30 5.46 5.11 0.582 times
13 Mon Dec 2021 5.20 5.02 5.27 4.97 0.2 times
10 Fri Dec 2021 5.02 5.25 5.35 4.97 0.663 times
09 Thu Dec 2021 5.22 5.22 5.50 5.22 0.155 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.1, but if it comes below 6.1, then a intra day sell could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 5.66 as target. However if you take a buy trade in stock , then use 6.1 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 4.87
Downside Target 4.97
Downside Target 5.17
Downside Target 6.00
Downside Target 6.20
Upside Target 6.28
Upside Target 6.37
Upside Target 6.85

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 6.2
Downside Intraday Target 6.2
Downside Intraday Target 6.2
Downside Intraday Target 6.2
Downside Intraday Target 6.2

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
27 Mon Dec 2021 6.20 6.20 6.20 6.20 0.027 times
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

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
27 Mon Dec 2021 6.20 5.28 6.85 4.97 0.768 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 40, 23, 27 Buy
MACD 1, 1Buy
Stochastics 78Buy
CCI 59Sell
RSI 54Buy
OBV 102303Sell
VWAP 6Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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 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.

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 and the buying is gaining 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 6.04 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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