(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 2024-05-22 View latest technical analysis
10 day averaged volume of Melstar Info is 5691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 5.18 | 5.65 | 5.65 | 5.13 | 0.341 times |
| 21 Tue May 2024 | 5.40 | 5.25 | 5.40 | 4.95 | 2.101 times |
| 18 Sat May 2024 | 5.15 | 5.15 | 5.15 | 5.15 | 0.005 times |
| 17 Fri May 2024 | 5.15 | 5.17 | 5.17 | 4.70 | 0.889 times |
| 16 Thu May 2024 | 4.93 | 4.79 | 4.93 | 4.55 | 0.424 times |
| 15 Wed May 2024 | 4.70 | 4.73 | 4.73 | 4.70 | 0.211 times |
| 14 Tue May 2024 | 4.51 | 4.59 | 4.72 | 4.50 | 5.891 times |
| 13 Mon May 2024 | 4.50 | 4.43 | 4.50 | 4.43 | 0.021 times |
| 10 Fri May 2024 | 4.52 | 4.52 | 4.52 | 4.52 | 0 times |
| 06 Mon May 2024 | 4.52 | 4.52 | 4.52 | 4.52 | 0.018 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5, but if it comes below 5, then a intra day sell could be more profitable.
If you take a sell trade below 5, then use 5 as stoploss and 4.78 as target. However if you take a buy trade in stock , then use 5 as stoploss and 5.4 as target.
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 3.92 |
| Downside Target | 4.30 |
| Downside Target | 4.43 |
| Downside Target | 4.62 |
| Downside Target | 4.80 |
| Downside Target | 4.95 |
| Downside Target | 5.06 |
| Downside Target | 5.17 |
| Upside Target | 5.65 |
| Upside Target | 5.81 |
| Upside Target | 6.00 |
| Upside Target | 6.23 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 4.87 |
| Downside Intraday Target | 4.56 |
| Upside Intraday Target | 5.57 |
| Upside Intraday Target | 5.96 |
| Upside Intraday Target | 5.26 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 5.18 | 5.25 | 5.65 | 4.95 | 0.328 times |
| 18 Sat May 2024 | 5.15 | 4.43 | 5.17 | 4.43 | 419.287 times |
| 10 Fri May 2024 | 4.52 | 4.52 | 4.52 | 4.52 | 0.013 times |
| 03 Fri May 2024 | 4.44 | 4.62 | 4.62 | 4.44 | 0.188 times |
| 26 Fri Apr 2024 | 4.62 | 4.80 | 4.80 | 4.62 | 15.52 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 |
| 22 Wed May 2024 | 5.18 | 4.53 | 5.65 | 4.43 | 1.387 times |
| 30 Tue Apr 2024 | 4.62 | 4.31 | 5.06 | 4.31 | 0.731 times |
| 28 Thu Mar 2024 | 4.31 | 5.81 | 5.81 | 4.30 | 0.567 times |
| 29 Thu Feb 2024 | 5.70 | 5.90 | 6.00 | 5.00 | 0.811 times |
Scroll below to view daily charts
Price has moved up 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)
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Melstar Info stock for short term is BUY. Signal strength is Strong and stock is gaining 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 buy signal for Melstar Info in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melstar Info is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.8 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.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Melstar Info stock for short term is BUY. Signal strength is Strong and stock is gaining 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 buy signal for Melstar Info in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melstar Info is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.8 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.
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