(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 2022-05-06 View latest technical analysis
10 day averaged volume of Melstar Info is 2334
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 4.35 | 4.37 | 4.37 | 4.35 | 0.22 times |
| 05 Thu May 2022 | 4.19 | 4.19 | 4.19 | 3.80 | 0.934 times |
| 04 Wed May 2022 | 4.00 | 4.20 | 4.21 | 4.00 | 2.205 times |
| 02 Mon May 2022 | 4.21 | 4.28 | 4.28 | 4.07 | 0.035 times |
| 29 Fri Apr 2022 | 4.28 | 4.29 | 4.29 | 4.28 | 0.048 times |
| 28 Thu Apr 2022 | 4.29 | 4.30 | 4.30 | 4.29 | 0.091 times |
| 27 Wed Apr 2022 | 4.30 | 4.16 | 4.32 | 4.00 | 0.06 times |
| 25 Mon Apr 2022 | 4.16 | 4.50 | 4.50 | 4.16 | 0.108 times |
| 22 Fri Apr 2022 | 4.37 | 4.38 | 4.38 | 4.36 | 0.346 times |
| 21 Thu Apr 2022 | 4.39 | 4.39 | 4.39 | 4.39 | 0.214 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.3, but if it comes below 4.3, then a intra day sell could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 4.17 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 4.6 as target.
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 3.74 |
| Downside Target | 4.00 |
| Downside Target | 4.29 |
| Upside Target | 4.45 |
| Upside Target | 4.50 |
| Upside Target | 4.81 |
| Upside Target | 5.04 |
| Upside Target | 5.60 |
| Upside Target | 5.88 |
| Upside Target | 6.19 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 3.98 |
| Downside Intraday Target | 3.6 |
| Upside Intraday Target | 4.55 |
| Upside Intraday Target | 4.74 |
| Downside Intraday Target | 4.17 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 4.35 | 4.28 | 4.37 | 3.80 | 11.066 times |
| 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 |
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 |
| 06 Fri May 2022 | 4.35 | 4.28 | 4.37 | 3.80 | 0.158 times |
| 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 |
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 | 27, 36, 14 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 45 | None |
| CCI | 76 | Buy |
| RSI | 59 | Buy |
| OBV | 2272 | Sell |
| VWAP | 4 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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. Bears are weakening, and bulls are picking up momentum!
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 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 4.13 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 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.
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