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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 55010

Date Daily Closing Price Open High Low Volume
20 Wed Oct 2021 17.35 17.85 17.95 17.00 0.924 times
19 Tue Oct 2021 17.85 18.70 18.70 17.55 0.969 times
18 Mon Oct 2021 18.30 19.50 19.50 18.10 1.15 times
14 Thu Oct 2021 18.65 19.65 19.80 18.50 1.533 times
13 Wed Oct 2021 19.20 19.60 20.10 19.00 0.62 times
12 Tue Oct 2021 19.70 20.10 20.30 19.30 0.937 times
11 Mon Oct 2021 20.30 19.15 20.80 18.90 1.759 times
08 Fri Oct 2021 19.85 19.65 20.50 19.00 0.568 times
07 Thu Oct 2021 20.00 20.40 20.40 19.30 0.375 times
06 Wed Oct 2021 20.00 20.00 21.50 19.90 1.361 times

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 16.8, for a target of 18.3 or 19.5

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 12.00
Downside Target 12.40
Downside Target 14.61
Downside Target 15.05
Downside Target 16.60
Downside Target 17.00
Upside Target 18.00
Upside Target 18.50
Upside Target 19.00
Upside Target 19.50
Upside Target 20.80
Upside Target 21.70
Upside Target 22.15
Upside Target 22.40
Upside Target 22.45

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 16.4
Downside Intraday Target 15.45
Upside Intraday Target 18.9
Upside Intraday Target 20.45
Upside Intraday Target 17.95

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
20 Wed Oct 2021 17.35 19.50 19.50 17.00 0.627 times
14 Thu Oct 2021 18.65 19.15 20.80 18.50 1.278 times
08 Fri Oct 2021 19.85 22.30 22.40 19.00 0.583 times
01 Fri Oct 2021 21.65 18.70 21.70 17.15 1.306 times
24 Fri Sep 2021 18.30 21.15 22.15 18.00 0.303 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
20 Wed Oct 2021 17.35 21.40 22.40 17.00 0.272 times
30 Thu Sep 2021 20.70 15.05 22.45 15.05 1.644 times
31 Tue Aug 2021 15.50 15.80 17.35 12.40 0.493 times
30 Fri Jul 2021 15.09 12.80 16.60 12.60 2.921 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 13, 28, 35 Sell
MACD 0, 1Sell
Stochastics 7Sell
CCI -155Sell
RSI 56Buy
OBV -269591Sell
VWAP 19Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) 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 Megasoft ( (Megasoft) ) 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 Megasoft ( (Megasoft) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

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

Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 19.13 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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