(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 2022-04-29 View latest technical analysis
10 day averaged volume of Melstar Info is 2856
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 4.28 | 4.29 | 4.29 | 4.28 | 0.04 times |
| 28 Thu Apr 2022 | 4.29 | 4.30 | 4.30 | 4.29 | 0.074 times |
| 27 Wed Apr 2022 | 4.30 | 4.16 | 4.32 | 4.00 | 0.049 times |
| 25 Mon Apr 2022 | 4.16 | 4.50 | 4.50 | 4.16 | 0.088 times |
| 22 Fri Apr 2022 | 4.37 | 4.38 | 4.38 | 4.36 | 0.283 times |
| 21 Thu Apr 2022 | 4.39 | 4.39 | 4.39 | 4.39 | 0.175 times |
| 20 Wed Apr 2022 | 4.40 | 4.45 | 4.45 | 4.06 | 4.869 times |
| 18 Mon Apr 2022 | 4.27 | 4.29 | 4.29 | 4.06 | 0.432 times |
| 13 Wed Apr 2022 | 4.27 | 3.95 | 4.33 | 3.95 | 2.457 times |
| 12 Tue Apr 2022 | 4.14 | 4.15 | 4.15 | 3.83 | 0.855 times |
My analysis of stock is bullish for shortterm, and stock might move up till 4.4 or till 4.6. Use a stoploss of 4.18 and if this stock hits its stoploss, then it can fall down till 3.99
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 3.74 |
| Downside Target | 3.83 |
| Downside Target | 4.00 |
| Upside Target | 4.29 |
| Upside Target | 4.45 |
| Upside Target | 4.81 |
| Upside Target | 4.97 |
| Upside Target | 5.04 |
| 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 | 4.02 |
| Downside Intraday Target | 3.76 |
| Upside Intraday Target | 4.52 |
| Upside Intraday Target | 4.76 |
| Downside Intraday Target | 4.26 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 4.28 | 4.50 | 4.50 | 4.00 | 0.044 times |
| 22 Fri Apr 2022 | 4.37 | 4.29 | 4.45 | 4.06 | 1.429 times |
| 13 Wed Apr 2022 | 4.27 | 3.98 | 4.33 | 3.83 | 0.54 times |
| 08 Fri Apr 2022 | 3.80 | 4.09 | 4.29 | 3.74 | 13.827 times |
| 01 Fri Apr 2022 | 4.09 | 4.09 | 4.09 | 4.09 | 0.445 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 |
| 29 Fri Apr 2022 | 4.28 | 4.09 | 4.50 | 3.74 | 7.437 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Melstar Info (MelstarInfo)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 30, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 70 | None |
| CCI | 25 | Sell |
| RSI | 60 | Buy |
| OBV | 122 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 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 to mid term time period is
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Melstar Info in short term but the buy 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. 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 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
Although the stock is in the SELL zone, but selling 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 4.33 and Melstar Info (MelstarInfo) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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