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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 2022-05-10 View latest technical analysis

10 day averaged volume of Melstar Info is 1059

Date Daily Closing Price Open High Low Volume
10 Tue May 2022 4.09 4.10 4.10 4.09 0.696 times
09 Mon May 2022 4.14 4.55 4.55 4.14 1.079 times
06 Fri May 2022 4.35 4.37 4.37 4.35 0.485 times
05 Thu May 2022 4.19 4.19 4.19 3.80 2.059 times
04 Wed May 2022 4.00 4.20 4.21 4.00 4.86 times
02 Mon May 2022 4.21 4.28 4.28 4.07 0.076 times
29 Fri Apr 2022 4.28 4.29 4.29 4.28 0.107 times
28 Thu Apr 2022 4.29 4.30 4.30 4.29 0.2 times
27 Wed Apr 2022 4.30 4.16 4.32 4.00 0.132 times
25 Mon Apr 2022 4.16 4.50 4.50 4.16 0.237 times

My analysis of stock is bearish for shortterm, and stock might move down till 4 or till 3.8. Use a stoploss of 4.18 and if the stock hits stoploss, then it can shoot up till 4.34

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.74
Downside Target 4.00
Upside Target 4.33
Upside Target 4.50
Upside Target 4.55
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 3.94
Downside Intraday Target 3.78
Upside Intraday Target 4.4
Upside Intraday Target 4.7
Upside Intraday Target 4.24

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
10 Tue May 2022 4.09 4.55 4.55 4.09 0.237 times
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

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
10 Tue May 2022 4.09 4.28 4.55 3.80 0.196 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 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 23, 41, 29 Sell
MACD -0, -0Buy
Stochastics 54None
CCI -90Sell
RSI 59Buy
OBV 392Sell
VWAP 4Sell
ADL 0Sell
ROC -6Sell
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 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 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 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 Strong 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 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 and SELL signal is strong!

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 4.1 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.

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Daily charts

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Daily chart

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