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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 2022-11-30 View latest technical analysis

10 day averaged volume of Melstar Info is 2521

Date Daily Closing Price Open High Low Volume
30 Wed Nov 2022 2.59 2.59 2.59 2.59 0.078 times
29 Tue Nov 2022 2.49 2.50 2.50 2.28 0.317 times
28 Mon Nov 2022 2.40 2.20 2.42 2.20 1.369 times
25 Fri Nov 2022 2.31 2.10 2.31 2.10 2.817 times
24 Thu Nov 2022 2.20 2.27 2.27 2.20 0.868 times
23 Wed Nov 2022 2.27 2.38 2.49 2.27 2.103 times
22 Tue Nov 2022 2.38 2.38 2.38 2.38 0.119 times
21 Mon Nov 2022 2.50 2.57 2.57 2.50 0.333 times
18 Fri Nov 2022 2.59 2.59 2.59 2.59 0.01 times
17 Thu Nov 2022 2.62 2.64 2.64 2.52 0.295 times

My analysis of stock is bullish for shortterm, and stock might move up till 2.7 or till 2.9. Use a stoploss of 2.54 and if this stock hits its stoploss, then it can fall down till 2.39

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 1.92
Downside Target 2.10
Downside Target 2.16
Downside Target 2.34
Downside Target 2.46
Downside Target 2.57
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 2.33
Downside Intraday Target 2.07
Upside Intraday Target 2.72
Upside Intraday Target 2.85
Downside Intraday Target 2.46

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
30 Wed Nov 2022 2.59 2.20 2.59 2.20 0.283 times
25 Fri Nov 2022 2.31 2.57 2.57 2.10 1.928 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

Price has moved up 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
30 Wed Nov 2022 2.59 2.59 2.84 2.10 0.462 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, -0Buy
Stochastics 66None
CCI 92Buy
RSI 51Buy
OBV -145Sell
VWAP 2Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short 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 short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Melstar Info in short term but the buy signal is initial and weak.

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

Melstar Info Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Melstar Info in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 2.33 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 positive

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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