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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 2022-05-11 View latest technical analysis

10 day averaged volume of Melstar Info is 1052

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 3.90 4.25 4.25 3.90 0.004 times
10 Tue May 2022 4.09 4.10 4.10 4.09 0.701 times
09 Mon May 2022 4.14 4.55 4.55 4.14 1.087 times
06 Fri May 2022 4.35 4.37 4.37 4.35 0.489 times
05 Thu May 2022 4.19 4.19 4.19 3.80 2.073 times
04 Wed May 2022 4.00 4.20 4.21 4.00 4.893 times
02 Mon May 2022 4.21 4.28 4.28 4.07 0.077 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 0.202 times
27 Wed Apr 2022 4.30 4.16 4.32 4.00 0.133 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4, but if it comes above 4, then a intra day buy could be more profitable.
If you take a sell trade below 4, then use 4 as stoploss and 3.8 as target. However if you take a buy trade in stock , then use 4 as stoploss and 4.17 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.74
Upside 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 3.68
Downside Intraday Target 3.47
Upside Intraday Target 4.33
Upside Intraday Target 4.77
Upside Intraday Target 4.12

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 3.90 4.55 4.55 3.90 0.238 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
11 Wed May 2022 3.90 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 22, 43, 33 Sell
MACD -0, -0Buy
Stochastics 32None
CCI -112Sell
RSI 58Buy
OBV 8279Sell
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

MACD generated a BUY signal for Melstar Info in short term but the buy signal is initial and weak.

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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 4.09 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

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Daily charts

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Daily chart

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