(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 2021-08-24 View latest technical analysis
10 day averaged volume of Megasoft is 48331
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Aug 2021 | 13.75 | 13.75 | 13.75 | 13.75 | 0.076 times |
| 23 Mon Aug 2021 | 13.10 | 13.05 | 13.10 | 13.05 | 0.201 times |
| 20 Fri Aug 2021 | 12.50 | 12.50 | 12.95 | 12.45 | 3.09 times |
| 18 Wed Aug 2021 | 13.10 | 12.60 | 13.45 | 12.40 | 1.569 times |
| 17 Tue Aug 2021 | 13.05 | 13.95 | 13.95 | 13.05 | 0.304 times |
| 16 Mon Aug 2021 | 13.70 | 14.30 | 14.30 | 13.30 | 0.86 times |
| 13 Fri Aug 2021 | 13.90 | 14.95 | 14.95 | 13.65 | 1.205 times |
| 12 Thu Aug 2021 | 14.30 | 13.65 | 14.30 | 13.00 | 0.998 times |
| 11 Wed Aug 2021 | 13.65 | 13.45 | 14.40 | 13.45 | 0.621 times |
| 10 Tue Aug 2021 | 14.15 | 15.00 | 15.20 | 14.15 | 0.415 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 13.3 as stoploss in an intra day buy trade for a target of 14.37. However, stock will show a bearish move below 13.3.
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 |
| Downside Target | 13.57 |
| Upside Target | 14.30 |
| Upside Target | 14.61 |
| Upside Target | 15.09 |
| Upside Target | 15.30 |
| 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 | 13.28 |
| Downside Intraday Target | 12.82 |
| Upside Intraday Target | 13.98 |
| Upside Intraday Target | 14.22 |
| Downside Intraday Target | 13.52 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Aug 2021 | 13.75 | 13.05 | 13.75 | 13.05 | 0.048 times |
| 20 Fri Aug 2021 | 12.50 | 14.30 | 14.30 | 12.40 | 1.465 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 |
Price has moved up 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 Aug 2021 | 13.75 | 15.80 | 17.35 | 12.40 | 0.411 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 | 23, 26, 6 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 23 | Sell |
| CCI | 22 | Buy |
| RSI | 50 | Buy |
| OBV | -122888 | Sell |
| VWAP | 13 | Buy |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megasoft in short term and BUY 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 13.28 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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