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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 2022-08-05 View latest technical analysis

10 day averaged volume of Melstar Info is 11138

Date Daily Closing Price Open High Low Volume
05 Fri Aug 2022 2.10 2.08 2.10 1.92 1.735 times
04 Thu Aug 2022 2.00 2.05 2.15 1.95 3.411 times
03 Wed Aug 2022 2.05 2.25 2.25 2.05 2.938 times
02 Tue Aug 2022 2.15 2.21 2.35 2.15 2.7 times
01 Mon Aug 2022 2.24 2.25 2.25 2.23 0.268 times
29 Fri Jul 2022 2.34 2.46 2.46 2.34 0.332 times
28 Thu Jul 2022 2.46 2.46 2.46 2.46 0.204 times
27 Wed Jul 2022 2.58 2.70 2.70 2.58 0.003 times
22 Fri Jul 2022 2.71 2.71 2.71 2.71 0.009 times
13 Wed Jul 2022 2.85 2.85 2.85 2.85 0.09 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.3, but if it comes above 2.3, then a intra day buy could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 1.7 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.8 as target.

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 1.92
Upside Target 2.34
Upside Target 2.70
Upside Target 2.85
Upside Target 3.00
Upside Target 3.10
Upside Target 3.41
Upside Target 3.62
Upside Target 3.74
Upside Target 4.00
Upside Target 4.50
Upside Target 4.55

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 1.9
Downside Intraday Target 1.69
Upside Intraday Target 2.33
Upside Intraday Target 2.55
Upside Intraday Target 2.12

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
05 Fri Aug 2022 2.10 2.25 2.35 1.92 20.488 times
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

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
05 Fri Aug 2022 2.10 2.25 2.35 1.92 15.186 times
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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Melstar Info (MelstarInfo)

Indicator Name Indicator Value Indicator Signal
ADX 31, 50, 23 Sell
MACD -1, -1Sell
Stochastics 8Sell
CCI -92Buy
RSI 58Buy
OBV -98258Sell
VWAP 2Buy
ADL 0Sell
ROC -30Sell
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 moving up

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

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 2.09 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 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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Daily charts

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Daily chart

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