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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 20291

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 44.25 44.95 45.50 43.50 0.34 times
23 Mon May 2022 44.90 44.50 46.65 44.50 0.578 times
20 Fri May 2022 45.60 44.90 45.95 44.65 0.73 times
19 Thu May 2022 43.80 42.60 44.25 42.15 0.924 times
18 Wed May 2022 43.70 45.95 46.00 43.40 1.564 times
17 Tue May 2022 45.20 43.50 45.25 43.50 0.776 times
16 Mon May 2022 43.10 42.00 45.00 42.00 0.925 times
13 Fri May 2022 42.90 46.50 46.50 42.50 1.393 times
12 Thu May 2022 44.70 42.35 44.90 42.35 0.756 times
11 Wed May 2022 43.95 45.75 46.00 42.90 0.797 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 43.8 as stoploss in an intra day buy trade for a target of 45.51. However, stock will show a bearish move below 43.8.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 38.70
Downside Target 40.00
Downside Target 42.00
Downside Target 43.50
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 42.95
Downside Intraday Target 41.65
Upside Intraday Target 46.1
Upside Intraday Target 47.95
Upside Intraday Target 44.8

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 44.25 44.50 46.65 43.50 0.187 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
24 Tue May 2022 44.25 45.25 49.35 42.00 0.445 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, 22, 8 Sell
MACD -3, -3Buy
Stochastics 54None
CCI 13Sell
RSI 49Sell
OBV -192089Sell
VWAP 44Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) 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 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 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.

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. Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megasoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.02 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 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.

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Daily charts

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Daily chart

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