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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 2022-11-23 View latest technical analysis

10 day averaged volume of Melstar Info is 1071

Date Daily Closing Price Open High Low Volume
23 Wed Nov 2022 2.27 2.38 2.49 2.27 4.951 times
22 Tue Nov 2022 2.38 2.38 2.38 2.38 0.279 times
21 Mon Nov 2022 2.50 2.57 2.57 2.50 0.783 times
18 Fri Nov 2022 2.59 2.59 2.59 2.59 0.023 times
17 Thu Nov 2022 2.62 2.64 2.64 2.52 0.695 times
16 Wed Nov 2022 2.65 2.73 2.73 2.60 4.165 times
15 Tue Nov 2022 2.73 2.75 2.75 2.51 1.648 times
14 Mon Nov 2022 2.64 2.46 2.69 2.46 1.086 times
11 Fri Nov 2022 2.58 2.65 2.65 2.48 0.693 times
10 Thu Nov 2022 2.60 2.61 2.69 2.60 0.237 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 2.4, for a target of 2.5 or 2.63

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 1.92
Downside Target 2.10
Downside Target 2.16
Downside Target 2.27
Upside Target 2.34
Upside Target 2.46
Upside Target 2.54
Upside Target 2.75
Upside Target 2.77
Upside Target 2.84
Upside Target 2.85
Upside Target 3.10

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 2.17
Downside Intraday Target 2.07
Upside Intraday Target 2.47
Upside Intraday Target 2.67
Upside Intraday Target 2.37

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
23 Wed Nov 2022 2.27 2.57 2.57 2.27 0.789 times
18 Fri Nov 2022 2.59 2.46 2.75 2.46 3.169 times
11 Fri Nov 2022 2.58 2.74 2.84 2.48 0.222 times
04 Fri Nov 2022 2.74 2.70 2.75 2.57 1.118 times
28 Fri Oct 2022 2.70 2.80 2.85 2.54 0.965 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
23 Wed Nov 2022 2.27 2.59 2.84 2.27 0.279 times
31 Mon Oct 2022 2.59 2.16 2.85 2.10 9.025 times
19 Mon Sep 2022 2.27 2.38 2.38 2.16 0.062 times
29 Mon Aug 2022 2.49 2.25 2.77 1.92 16.448 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 35, 29, 9 Buy
MACD -0, -0Sell
Stochastics 4Sell
CCI -169Sell
RSI 50Sell
OBV -9880Sell
VWAP 3Sell
ADL 0Sell
ROC -16Sell
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 BUY. Signal strength is Weak 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 2.51 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 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

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Daily charts

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Daily chart

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