Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Melstar Info is 512

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 3.09 3.05 3.09 3.05 0.461 times
31 Tue Jan 2023 3.09 3.09 3.09 3.09 0.316 times
30 Mon Jan 2023 3.10 2.85 3.10 2.85 3.906 times
25 Wed Jan 2023 2.97 2.97 2.97 2.97 0.059 times
23 Mon Jan 2023 2.97 2.97 2.97 2.97 0.1 times
20 Fri Jan 2023 2.97 2.97 2.97 2.97 0.244 times
19 Thu Jan 2023 2.97 2.97 2.97 2.97 0.002 times
17 Tue Jan 2023 2.97 2.97 2.97 2.97 2.197 times
16 Mon Jan 2023 2.85 2.85 2.85 2.85 0.029 times
13 Fri Jan 2023 2.75 2.75 2.75 2.52 2.943 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3, but if it comes below 3, then a intra day sell could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.85 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.2 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 2.10
Downside Target 2.38
Downside Target 2.52
Downside Target 2.75
Downside Target 2.84
Downside Target 2.97
Downside Target 2.98
Downside Target 3.05
Downside Target 3.09
Upside Target 3.10

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 2.93
Downside Intraday Target 2.76
Upside Intraday Target 3.18
Upside Intraday Target 3.26
Downside Intraday Target 3.01

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 3.09 2.85 3.10 2.85 29.605 times
25 Wed Jan 2023 2.97 2.97 2.97 2.97 0.064 times
20 Fri Jan 2023 2.97 2.85 2.97 2.85 0.788 times
13 Fri Jan 2023 2.75 2.62 2.75 2.52 0.741 times
30 Fri Dec 2022 2.62 2.98 2.98 2.56 0.026 times

Price has moved up 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
01 Wed Feb 2023 3.09 3.05 3.09 3.05 0.046 times
31 Tue Jan 2023 3.09 2.62 3.10 2.52 0.048 times
30 Fri Dec 2022 2.62 2.59 2.98 2.38 3.066 times
30 Wed Nov 2022 2.59 2.59 2.84 2.10 0.462 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 50, 50, 0 Sell
MACD 0, 0Buy
Stochastics 99Buy
CCI 104Sell
RSI 54Buy
OBV 81817Sell
VWAP 3Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Melstar Info in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Melstar Info Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Melstar Info in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY 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 2.97 and Melstar Info (MelstarInfo) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme