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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 2022-07-29 View latest technical analysis

10 day averaged volume of Melstar Info is 553

Date Daily Closing Price Open High Low Volume
29 Fri Jul 2022 2.34 2.46 2.46 2.34 6.696 times
28 Thu Jul 2022 2.46 2.46 2.46 2.46 4.112 times
27 Wed Jul 2022 2.58 2.70 2.70 2.58 0.056 times
22 Fri Jul 2022 2.71 2.71 2.71 2.71 0.181 times
13 Wed Jul 2022 2.85 2.85 2.85 2.85 1.808 times
06 Wed Jul 2022 3.00 3.10 3.10 3.00 0.904 times
05 Tue Jul 2022 3.10 3.10 3.10 3.10 0.177 times
01 Fri Jul 2022 3.10 3.10 3.10 3.10 0.723 times
29 Wed Jun 2022 3.25 3.25 3.25 3.25 0.362 times
28 Tue Jun 2022 3.10 3.10 3.41 3.10 0.995 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 2.2, for a target of 2.8 or 3.24

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 2.34
Upside Target 2.70
Upside Target 2.85
Upside Target 3.00
Upside Target 3.10
Upside Target 3.25
Upside Target 3.41
Upside Target 3.50
Upside Target 3.62
Upside Target 3.74
Upside Target 4.00
Upside Target 4.09
Upside Target 4.50
Upside Target 4.55
Upside Target 5.04

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 2.22
Downside Intraday Target 2.1
Upside Intraday Target 2.58
Upside Intraday Target 2.82
Upside Intraday Target 2.46

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
29 Fri Jul 2022 2.34 2.70 2.70 2.34 5.462 times
22 Fri Jul 2022 2.71 2.85 2.85 2.71 1.839 times
06 Wed Jul 2022 3.00 3.10 3.10 3.00 0.52 times
01 Fri Jul 2022 3.10 3.10 3.41 3.10 0.215 times
24 Fri Jun 2022 3.25 3.50 3.50 3.25 6.602 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
29 Fri Jul 2022 2.34 3.10 3.10 2.34 0.891 times
29 Wed Jun 2022 3.25 4.00 4.00 3.10 0.428 times
30 Mon May 2022 4.00 4.28 4.55 3.62 0.425 times
29 Fri Apr 2022 4.28 4.09 4.50 3.74 7.437 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 36, 64, 29 Sell
MACD -1, -1Sell
Stochastics 0Sell
CCI -123Sell
RSI 55Buy
OBV -15494Sell
VWAP 3Sell
ADL 0Sell
ROC -28Sell
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 Strong 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 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

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 2.58 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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