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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 14237

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 30.05 30.60 30.70 29.35 0.585 times
25 Wed Jan 2023 30.40 30.85 31.40 29.90 1.131 times
24 Tue Jan 2023 31.45 32.00 32.50 31.40 1.357 times
23 Mon Jan 2023 31.65 30.75 32.25 30.45 0.933 times
20 Fri Jan 2023 30.85 30.95 31.75 29.85 0.701 times
19 Thu Jan 2023 30.80 31.90 32.20 30.65 1.097 times
18 Wed Jan 2023 31.70 32.30 32.40 31.10 1.051 times
17 Tue Jan 2023 32.20 30.50 32.45 30.50 1.073 times
16 Mon Jan 2023 30.15 31.00 31.35 30.05 0.687 times
13 Fri Jan 2023 30.60 31.30 31.30 29.80 1.002 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.6, but if it comes above 30.6, then a intra day buy could be more profitable.
If you take a sell trade below 30.6, then use 30.6 as stoploss and 29.5 as target. However if you take a buy trade in stock , then use 30.6 as stoploss and 31.43 as target.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 29.25
Upside Target 31.40
Upside Target 33.15
Upside Target 33.80
Upside Target 35.00
Upside Target 35.25
Upside Target 37.50
Upside Target 38.25
Upside Target 42.40
Upside Target 44.00

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 28.77
Downside Intraday Target 27.48
Upside Intraday Target 31.92
Upside Intraday Target 33.78
Upside Intraday Target 30.63

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 30.05 30.75 32.50 29.35 0.869 times
20 Fri Jan 2023 30.85 31.00 32.45 29.85 0.575 times
13 Fri Jan 2023 30.60 33.05 33.15 29.75 3.35 times
06 Fri Jan 2023 32.05 33.20 33.80 31.45 0.332 times
30 Fri Dec 2022 32.80 30.20 35.00 29.25 0.796 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
27 Fri Jan 2023 30.05 33.20 33.80 29.35 0.635 times
30 Fri Dec 2022 32.80 37.10 37.50 29.25 0.589 times
30 Wed Nov 2022 36.85 31.85 42.40 31.85 2.303 times
31 Mon Oct 2022 31.90 38.25 38.25 31.40 0.555 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 11, 23, 37 Sell
MACD -2, -2Buy
Stochastics 36None
CCI -124Sell
RSI 58Buy
OBV -144040Sell
VWAP 31Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 short 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 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 BUY signal for Megasoft in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 31.07 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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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