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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 2022-06-16 View latest technical analysis

10 day averaged volume of Melstar Info is 850

Date Daily Closing Price Open High Low Volume
16 Thu Jun 2022 3.61 3.80 3.80 3.61 0.235 times
15 Wed Jun 2022 3.80 3.80 3.80 3.80 0.718 times
10 Fri Jun 2022 3.80 3.80 3.80 3.80 0.001 times
09 Thu Jun 2022 3.80 4.00 4.00 3.80 1.987 times
07 Tue Jun 2022 4.00 4.00 4.00 4.00 0.588 times
02 Thu Jun 2022 4.00 4.00 4.00 4.00 0.001 times
30 Mon May 2022 4.00 4.00 4.00 4.00 0.001 times
27 Fri May 2022 3.86 3.87 3.87 3.69 0.126 times
26 Thu May 2022 3.69 3.69 3.69 3.69 0.001 times
25 Wed May 2022 3.69 3.80 3.99 3.62 3.269 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3.5, for a target of 3.7 or 3.91

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.61
Upside Target 3.71
Upside Target 4.00
Upside Target 4.09
Upside Target 4.20
Upside Target 4.50
Upside Target 4.55
Upside Target 4.81
Upside Target 5.04
Upside Target 5.88

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 3.55
Downside Intraday Target 3.48
Upside Intraday Target 3.74
Upside Intraday Target 3.86
Upside Intraday Target 3.67

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
16 Thu Jun 2022 3.61 3.80 3.80 3.61 0.37 times
10 Fri Jun 2022 3.80 4.00 4.00 3.80 1095 times
02 Thu Jun 2022 4.00 4.00 4.00 4.00 0 times
27 Fri May 2022 3.86 3.95 4.20 3.62 6.428 times
20 Fri May 2022 3.95 3.90 4.00 3.71 0.974 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
16 Thu Jun 2022 3.61 4.00 4.00 3.61 0.128 times
30 Mon May 2022 4.00 4.28 4.55 3.62 0.468 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

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 33, 40, 9 Sell
MACD -0, -0Sell
Stochastics 21Sell
CCI -110Sell
RSI 51Buy
OBV 963Sell
VWAP 4Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 3.76 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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