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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 15656

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 39.70 38.70 40.25 38.70 0.469 times
12 Fri Aug 2022 39.95 40.25 40.95 39.00 2.854 times
11 Thu Aug 2022 41.05 42.00 43.00 40.20 1.645 times
10 Wed Aug 2022 42.10 42.30 43.60 41.50 0.523 times
08 Mon Aug 2022 42.65 44.30 44.45 41.90 1.005 times
05 Fri Aug 2022 43.95 45.50 45.50 43.00 0.414 times
04 Thu Aug 2022 45.10 45.50 46.30 44.00 0.736 times
03 Wed Aug 2022 45.50 46.10 46.35 44.15 0.6 times
02 Tue Aug 2022 45.90 46.15 48.00 44.50 0.451 times
01 Mon Aug 2022 46.15 46.65 46.65 43.50 1.289 times

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 39.5, for a target of 42 or 44

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 34.75
Downside Target 36.10
Downside Target 38.70
Upside Target 40.25
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 38.85
Downside Intraday Target 38
Upside Intraday Target 40.4
Upside Intraday Target 41.1
Downside Intraday Target 39.55

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 39.70 38.70 40.25 38.70 0.078 times
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

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
16 Tue Aug 2022 39.70 46.65 48.00 38.70 0.361 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, 31 Sell
MACD -0, 1Sell
Stochastics 11Sell
CCI -124Sell
RSI 59Buy
OBV -161433Sell
VWAP 42Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 and the sell signal is strong.

Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 42.45 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.

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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