(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 2022-05-24 View latest technical analysis
10 day averaged volume of Melstar Info is 1251
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 3.81 | 4.20 | 4.20 | 3.80 | 2.245 times |
| 23 Mon May 2022 | 4.00 | 3.95 | 4.00 | 3.90 | 4.876 times |
| 20 Fri May 2022 | 3.95 | 3.95 | 3.95 | 3.95 | 0.108 times |
| 19 Thu May 2022 | 3.80 | 3.80 | 3.80 | 3.80 | 0.16 times |
| 18 Wed May 2022 | 4.00 | 3.72 | 4.00 | 3.71 | 1.187 times |
| 17 Tue May 2022 | 3.90 | 3.90 | 3.90 | 3.90 | 0.012 times |
| 11 Wed May 2022 | 3.90 | 4.25 | 4.25 | 3.90 | 0.003 times |
| 10 Tue May 2022 | 4.09 | 4.10 | 4.10 | 4.09 | 0.589 times |
| 09 Mon May 2022 | 4.14 | 4.55 | 4.55 | 4.14 | 0.914 times |
| 06 Fri May 2022 | 4.35 | 4.37 | 4.37 | 4.35 | 0.411 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 3.9, but if it comes above 3.9, then a intra day buy could be more profitable.
If you take a sell trade below 3.9, then use 3.9 as stoploss and 3.7 as target. However if you take a buy trade in stock , then use 3.9 as stoploss and 4.13 as target.
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 3.71 |
| Upside Target | 3.90 |
| Upside Target | 4.00 |
| Upside Target | 4.09 |
| Upside Target | 4.20 |
| Upside Target | 4.37 |
| 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 | 3.67 |
| Downside Intraday Target | 3.54 |
| Upside Intraday Target | 4.07 |
| Upside Intraday Target | 4.34 |
| Upside Intraday Target | 3.94 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 3.81 | 3.95 | 4.20 | 3.80 | 4.854 times |
| 20 Fri May 2022 | 3.95 | 3.90 | 4.00 | 3.71 | 0.974 times |
| 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 |
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 |
| 24 Tue May 2022 | 3.81 | 4.28 | 4.55 | 3.71 | 0.41 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 | 32, 32, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 25 | Sell |
| CCI | -42 | Sell |
| RSI | 52 | Buy |
| OBV | 12458 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 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 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 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 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 3.99 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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