Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-04-05 View latest technical analysis

10 day averaged volume of Melstar Info is 693

Date Daily Closing Price Open High Low Volume
05 Tue Apr 2022 3.89 3.91 4.29 3.89 11.387 times
04 Mon Apr 2022 4.09 4.09 4.09 4.09 0.146 times
01 Fri Apr 2022 4.09 4.09 4.09 4.09 0.144 times
28 Mon Mar 2022 4.09 4.09 4.09 4.09 2.078 times
25 Fri Mar 2022 4.30 4.30 4.30 4.30 3.038 times
24 Thu Mar 2022 4.52 4.52 4.52 4.52 1.443 times
22 Tue Mar 2022 4.75 5.00 5.00 4.75 0.199 times
21 Mon Mar 2022 5.00 5.00 5.00 5.00 0.317 times
17 Thu Mar 2022 5.02 5.02 5.02 5.02 0.302 times
16 Wed Mar 2022 5.03 5.03 5.03 5.03 0.014 times

Stock of Melstar Info (MelstarInfo) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.3, but if it comes above 4.3, then a intra day buy could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 3.4 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 5.02 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.89
Upside Target 4.09
Upside Target 4.29
Upside Target 4.57
Upside Target 4.81
Upside Target 4.97
Upside Target 5.04
Upside Target 5.06
Upside Target 5.60
Upside Target 5.88
Upside Target 6.19
Upside Target 6.85

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 3.76
Downside Intraday Target 3.62
Upside Intraday Target 4.16
Upside Intraday Target 4.42
Upside Intraday Target 4.02

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
05 Tue Apr 2022 3.89 4.09 4.29 3.89 5.19 times
01 Fri Apr 2022 4.09 4.09 4.09 4.09 0.445 times
25 Fri Mar 2022 4.30 5.00 5.00 4.30 1.893 times
17 Thu Mar 2022 5.02 4.57 5.04 4.57 5.317 times
24 Thu Feb 2022 4.81 5.06 5.06 4.81 0.172 times

Price has moved down 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
05 Tue Apr 2022 3.89 4.09 4.29 3.89 1.202 times
28 Mon Mar 2022 4.09 4.57 5.04 4.09 2.87 times
24 Thu Feb 2022 4.81 5.87 5.88 4.81 0.361 times
17 Mon Jan 2022 5.60 6.19 6.19 5.60 0.038 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 30, 52, 26 Sell
MACD -1, -0Sell
Stochastics 0Sell
CCI -83Sell
RSI 54Buy
OBV 19364Sell
VWAP 4Sell
ADL 0Sell
ROC -23Sell
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is

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 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 SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 4.07 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.

Click here for Melstar Info charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme