(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 2022-06-22 View latest technical analysis
10 day averaged volume of Melstar Info is 344
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Jun 2022 | 3.32 | 3.32 | 3.32 | 3.32 | 13.186 times |
| 21 Tue Jun 2022 | 3.45 | 3.50 | 3.50 | 3.45 | 0.968 times |
| 16 Thu Jun 2022 | 3.61 | 3.80 | 3.80 | 3.61 | 0.581 times |
| 15 Wed Jun 2022 | 3.80 | 3.80 | 3.80 | 3.80 | 1.773 times |
| 10 Fri Jun 2022 | 3.80 | 3.80 | 3.80 | 3.80 | 0.003 times |
| 09 Thu Jun 2022 | 3.80 | 4.00 | 4.00 | 3.80 | 4.91 times |
| 07 Tue Jun 2022 | 4.00 | 4.00 | 4.00 | 4.00 | 1.453 times |
| 02 Thu Jun 2022 | 4.00 | 4.00 | 4.00 | 4.00 | 0.003 times |
| 30 Mon May 2022 | 4.00 | 4.00 | 4.00 | 4.00 | 0.003 times |
| 27 Fri May 2022 | 3.86 | 3.87 | 3.87 | 3.69 | 0.311 times |
Stock of Melstar Info (MelstarInfo) has showed a significant fall. This could be a good time to exit from this stock.
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 3.4, for a target of 3.6 or 3.82
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 3.32 |
| Upside Target | 3.50 |
| Upside Target | 3.61 |
| Upside Target | 3.74 |
| 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 | 3.26 |
| Downside Intraday Target | 3.2 |
| Upside Intraday Target | 3.44 |
| Upside Intraday Target | 3.56 |
| Upside Intraday Target | 3.38 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Jun 2022 | 3.32 | 3.50 | 3.50 | 3.32 | 6.011 times |
| 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 |
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 |
| 22 Wed Jun 2022 | 3.32 | 4.00 | 4.00 | 3.32 | 0.336 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, 53, 23 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 0 | Sell |
| CCI | -176 | Sell |
| RSI | 51 | Buy |
| OBV | -6601 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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 Strong 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 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 3.52 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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