(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 11861
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 39.95 | 40.25 | 40.95 | 39.00 | 3.767 times |
| 11 Thu Aug 2022 | 41.05 | 42.00 | 43.00 | 40.20 | 2.171 times |
| 10 Wed Aug 2022 | 42.10 | 42.30 | 43.60 | 41.50 | 0.691 times |
| 08 Mon Aug 2022 | 42.65 | 44.30 | 44.45 | 41.90 | 1.327 times |
| 05 Fri Aug 2022 | 43.95 | 45.50 | 45.50 | 43.00 | 0.547 times |
| 04 Thu Aug 2022 | 45.10 | 45.50 | 46.30 | 44.00 | 0.971 times |
| 03 Wed Aug 2022 | 45.50 | 46.10 | 46.35 | 44.15 | 0.792 times |
| 02 Tue Aug 2022 | 45.90 | 46.15 | 48.00 | 44.50 | 0.596 times |
| 01 Mon Aug 2022 | 46.15 | 46.65 | 46.65 | 43.50 | 1.702 times |
| 30 Sat Jul 2022 | 45.30 | 43.00 | 45.85 | 43.00 | 0.636 times |
Stock of Megasoft (Megasoft) has showed a significant fall. This could be a good time to exit from this stock.
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 39.4, for a target of 41.9 or 43.97
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 34.75 |
| Downside Target | 35.60 |
| Downside Target | 39.00 |
| Upside Target | 42.00 |
| Upside Target | 44.45 |
| Upside Target | 46.70 |
| Upside Target | 47.70 |
| Upside Target | 48.00 |
| Upside Target | 49.35 |
| Upside Target | 52.60 |
| Upside Target | 60.40 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 37.82 |
| Downside Intraday Target | 35.68 |
| Upside Intraday Target | 43.27 |
| Upside Intraday Target | 46.58 |
| Upside Intraday Target | 41.13 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 39.95 | 44.30 | 44.45 | 39.00 | 1.727 times |
| 05 Fri Aug 2022 | 43.95 | 46.65 | 48.00 | 43.00 | 1.606 times |
| 30 Sat Jul 2022 | 45.30 | 46.75 | 46.75 | 42.35 | 0.231 times |
| 22 Fri Jul 2022 | 45.85 | 43.25 | 47.70 | 43.25 | 0.715 times |
| 14 Thu Jul 2022 | 39.25 | 35.90 | 43.10 | 35.60 | 5.434 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Megasoft (Megasoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 39.95 | 46.65 | 48.00 | 39.00 | 0.344 times |
| 30 Sat Jul 2022 | 45.30 | 37.10 | 47.70 | 34.75 | 0.665 times |
| 30 Thu Jun 2022 | 36.85 | 50.55 | 52.60 | 36.10 | 1.4 times |
| 31 Tue May 2022 | 48.15 | 45.25 | 49.35 | 42.00 | 0.584 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, 24, 29 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 10 | Sell |
| CCI | -153 | Sell |
| RSI | 57 | Buy |
| OBV | -145885 | Sell |
| VWAP | 43 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying 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 42.72 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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