(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)
Showing technical analysis as on 2021-08-18 View latest technical analysis
10 day averaged volume of Megasoft is 76187
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 13.10 | 12.60 | 13.45 | 12.40 | 0.996 times |
| 17 Tue Aug 2021 | 13.05 | 13.95 | 13.95 | 13.05 | 0.193 times |
| 16 Mon Aug 2021 | 13.70 | 14.30 | 14.30 | 13.30 | 0.546 times |
| 13 Fri Aug 2021 | 13.90 | 14.95 | 14.95 | 13.65 | 0.764 times |
| 12 Thu Aug 2021 | 14.30 | 13.65 | 14.30 | 13.00 | 0.633 times |
| 11 Wed Aug 2021 | 13.65 | 13.45 | 14.40 | 13.45 | 0.394 times |
| 10 Tue Aug 2021 | 14.15 | 15.00 | 15.20 | 14.15 | 0.263 times |
| 09 Mon Aug 2021 | 14.85 | 16.30 | 16.30 | 14.85 | 0.467 times |
| 06 Fri Aug 2021 | 15.60 | 16.00 | 16.25 | 14.75 | 0.94 times |
| 05 Thu Aug 2021 | 15.50 | 16.90 | 16.90 | 15.50 | 0.574 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.6, but if it comes above 13.6, then a intra day buy could be more profitable.
If you take a sell trade below 13.6, then use 13.6 as stoploss and 12.4 as target. However if you take a buy trade in stock , then use 13.6 as stoploss and 14.57 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 9.10 |
| Downside Target | 11.20 |
| Downside Target | 12.00 |
| Downside Target | 12.40 |
| Downside Target | 13.00 |
| Upside Target | 13.57 |
| Upside Target | 14.00 |
| Upside Target | 14.30 |
| Upside Target | 15.09 |
| Upside Target | 16.30 |
| Upside Target | 16.60 |
| Upside Target | 17.35 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 12.23 |
| Downside Intraday Target | 11.37 |
| Upside Intraday Target | 14.13 |
| Upside Intraday Target | 15.17 |
| Upside Intraday Target | 13.27 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 13.10 | 14.30 | 14.30 | 12.40 | 0.687 times |
| 13 Fri Aug 2021 | 13.90 | 16.30 | 16.30 | 13.00 | 0.218 times |
| 06 Fri Aug 2021 | 15.60 | 15.80 | 17.35 | 14.75 | 1.592 times |
| 30 Fri Jul 2021 | 15.09 | 13.70 | 15.09 | 13.57 | 1.394 times |
| 23 Fri Jul 2021 | 14.41 | 15.34 | 16.60 | 14.41 | 0.529 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 |
| 18 Wed Aug 2021 | 13.10 | 15.80 | 17.35 | 12.40 | 0.362 times |
| 30 Fri Jul 2021 | 15.09 | 12.80 | 16.60 | 12.60 | 2.921 times |
| 30 Wed Jun 2021 | 13.10 | 13.29 | 14.61 | 12.00 | 1.517 times |
| 31 Mon May 2021 | 12.68 | 12.76 | 14.00 | 11.20 | 0.31 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, 31, 28 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 11 | Sell |
| CCI | -112 | Sell |
| RSI | 49 | Sell |
| OBV | -241627 | Sell |
| VWAP | 14 | Sell |
| ADL | 0 | Sell |
| ROC | -20 | Sell |
| Force Index | 0 | Sell |
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the sell signal is strong.
Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 14.27 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.
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