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(Megasoft) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (Megasoft) share price targets

Complete technical analysis of Megasoft (Megasoft) by charts plus indicators, forecast predictions and share price targets for Megasoft (Megasoft)

10 day averaged volume of Megasoft is 17823

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 42.80 44.00 44.55 42.65 0.385 times
24 Tue May 2022 44.25 44.95 45.50 43.50 0.387 times
23 Mon May 2022 44.90 44.50 46.65 44.50 0.658 times
20 Fri May 2022 45.60 44.90 45.95 44.65 0.831 times
19 Thu May 2022 43.80 42.60 44.25 42.15 1.052 times
18 Wed May 2022 43.70 45.95 46.00 43.40 1.781 times
17 Tue May 2022 45.20 43.50 45.25 43.50 0.884 times
16 Mon May 2022 43.10 42.00 45.00 42.00 1.053 times
13 Fri May 2022 42.90 46.50 46.50 42.50 1.586 times
12 Thu May 2022 44.70 42.35 44.90 42.35 0.86 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.6, but if it comes above 43.6, then a intra day buy could be more profitable.
If you take a sell trade below 43.6, then use 43.6 as stoploss and 41.6 as target. However if you take a buy trade in stock , then use 43.6 as stoploss and 45.21 as target.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 38.70
Downside Target 40.00
Downside Target 42.00
Upside Target 44.65
Upside Target 46.00
Upside Target 47.75
Upside Target 49.35
Upside Target 52.00
Upside Target 55.20
Upside Target 55.85
Upside Target 60.40
Upside Target 71.85
Upside Target 87.75

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 41.42
Downside Intraday Target 40.03
Upside Intraday Target 45.42
Upside Intraday Target 48.03
Upside Intraday Target 44.03

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 42.80 44.50 46.65 42.65 0.255 times
20 Fri May 2022 45.60 42.00 46.00 42.00 0.854 times
13 Fri May 2022 42.90 44.25 47.75 42.35 0.981 times
06 Fri May 2022 45.50 45.25 49.35 44.65 0.701 times
29 Fri Apr 2022 47.05 50.65 52.00 46.70 0.844 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 Megasoft (Megasoft)

Date Monthly Closing Price Open High Low Volume
25 Wed May 2022 42.80 45.25 49.35 42.00 0.454 times
29 Fri Apr 2022 47.05 53.90 60.40 46.70 0.407 times
31 Thu Mar 2022 51.35 40.20 55.20 40.00 1.825 times
28 Mon Feb 2022 40.70 71.00 71.85 38.70 0.391 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 Megasoft (Megasoft)

Indicator Name Indicator Value Indicator Signal
ADX 17, 23, 16 Sell
MACD -3, -3Buy
Stochastics 39None
CCI -97Sell
RSI 49Sell
OBV -168851Sell
VWAP 44Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megasoft ( (Megasoft) ) 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 Megasoft ( (Megasoft) ) 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 Megasoft stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.

Megasoft 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. Bears 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 coming down

CCI has generated a SELL signal for Megasoft 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 Megasoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.98 and Megasoft (Megasoft) 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 Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.

Megasoft 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 Megasoft charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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