(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 23920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 45.60 | 44.90 | 45.95 | 44.65 | 0.619 times |
| 19 Thu May 2022 | 43.80 | 42.60 | 44.25 | 42.15 | 0.784 times |
| 18 Wed May 2022 | 43.70 | 45.95 | 46.00 | 43.40 | 1.327 times |
| 17 Tue May 2022 | 45.20 | 43.50 | 45.25 | 43.50 | 0.659 times |
| 16 Mon May 2022 | 43.10 | 42.00 | 45.00 | 42.00 | 0.785 times |
| 13 Fri May 2022 | 42.90 | 46.50 | 46.50 | 42.50 | 1.182 times |
| 12 Thu May 2022 | 44.70 | 42.35 | 44.90 | 42.35 | 0.641 times |
| 11 Wed May 2022 | 43.95 | 45.75 | 46.00 | 42.90 | 0.676 times |
| 10 Tue May 2022 | 45.15 | 44.65 | 47.70 | 44.65 | 1.321 times |
| 09 Mon May 2022 | 45.45 | 44.25 | 47.75 | 43.85 | 1.069 times |
My analysis of stock is bearish for shortterm, and stock might move down till 43.7 or till 40.7. Use a stoploss of 46.21 and if the stock hits stoploss, then it can shoot up till 48.71
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 38.70 |
| Downside Target | 40.00 |
| Downside Target | 42.00 |
| Downside 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 | 56.25 |
| 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 | 43.07 |
| Downside Intraday Target | 40.53 |
| Upside Intraday Target | 47.07 |
| Upside Intraday Target | 48.53 |
| Downside Intraday Target | 44.53 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Apr 2022 | 52.90 | 51.35 | 56.25 | 50.25 | 1.659 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 Megasoft (Megasoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 45.60 | 45.25 | 49.35 | 42.00 | 0.422 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 | 18, 21, 6 | Sell |
| MACD | -3, -4 | Buy |
| Stochastics | 38 | None |
| CCI | 84 | Buy |
| RSI | 46 | Sell |
| OBV | -150673 | Sell |
| VWAP | 44 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 Megasoft ( (Megasoft) ) based on a short 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 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 losing momentum.
MACD generated a BUY signal for Megasoft 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.
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 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 moving up
CCI has generated a buy signal for Megasoft in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 44.3 and Megasoft (Megasoft) 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 Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.
Megasoft Stock is giving positive 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.
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