(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)
Intraday share price targets for Megasoft (Megasoft)
|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|
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.