(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 8868
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 42.65 | 44.30 | 44.45 | 41.90 | 1.775 times |
| 05 Fri Aug 2022 | 43.95 | 45.50 | 45.50 | 43.00 | 0.731 times |
| 04 Thu Aug 2022 | 45.10 | 45.50 | 46.30 | 44.00 | 1.299 times |
| 03 Wed Aug 2022 | 45.50 | 46.10 | 46.35 | 44.15 | 1.059 times |
| 02 Tue Aug 2022 | 45.90 | 46.15 | 48.00 | 44.50 | 0.797 times |
| 01 Mon Aug 2022 | 46.15 | 46.65 | 46.65 | 43.50 | 2.276 times |
| 30 Sat Jul 2022 | 45.30 | 43.00 | 45.85 | 43.00 | 0.851 times |
| 28 Thu Jul 2022 | 44.05 | 44.60 | 45.00 | 42.35 | 0.759 times |
| 27 Wed Jul 2022 | 43.30 | 44.60 | 44.60 | 42.50 | 0.829 times |
| 26 Tue Jul 2022 | 43.20 | 44.75 | 44.80 | 43.00 | 0.481 times |
My analysis of stock is bearish for shortterm, and stock might move down till 41.1 or till 38. Use a stoploss of 43.69 and if the stock hits stoploss, then it can shoot up till 46.29
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 34.75 |
| Downside Target | 35.60 |
| Downside Target | 41.90 |
| 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 | 41.55 |
| Downside Intraday Target | 40.45 |
| Upside Intraday Target | 44.1 |
| Upside Intraday Target | 45.55 |
| Upside Intraday Target | 43 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 42.65 | 44.30 | 44.45 | 41.90 | 0.288 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, 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 |
| 08 Mon Aug 2022 | 42.65 | 46.65 | 48.00 | 41.90 | 0.163 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 | 18, 18, 1 | Buy |
| MACD | 1, 2 | Sell |
| Stochastics | 30 | Sell |
| CCI | -114 | Sell |
| RSI | 57 | Buy |
| OBV | -36808 | Sell |
| VWAP | 45 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 BUY. Signal strength is Weak and stock is losing 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
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 44.66 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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