(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 2021-08-26 View latest technical analysis
10 day averaged volume of Megasoft is 43218
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||15.10||14.80||15.10||14.50||2.631 times|
|25 Wed Aug 2021||14.40||14.40||14.40||14.40||0.02 times|
|24 Tue Aug 2021||13.75||13.75||13.75||13.75||0.085 times|
|23 Mon Aug 2021||13.10||13.05||13.10||13.05||0.225 times|
|20 Fri Aug 2021||12.50||12.50||12.95||12.45||3.455 times|
|18 Wed Aug 2021||13.10||12.60||13.45||12.40||1.755 times|
|17 Tue Aug 2021||13.05||13.95||13.95||13.05||0.34 times|
|16 Mon Aug 2021||13.70||14.30||14.30||13.30||0.962 times|
|13 Fri Aug 2021||13.90||14.95||14.95||13.65||1.347 times|
|12 Thu Aug 2021||14.30||13.65||14.30||13.00||1.116 times|
Stock of Megasoft (Megasoft) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.5 as stoploss in an intra day sell trade for a target of 14.44. However, stock will show a bullish move above 15.5.
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||13.73|
|Downside Intraday Target||12.37|
|Upside Intraday Target||15.78|
|Upside Intraday Target||16.47|
|Downside Intraday Target||14.42|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||15.10||13.05||15.10||13.05||0.455 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|
|26 Thu Aug 2021||15.10||15.80||17.35||12.40||0.445 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 up 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||33, 23, 18||Buy|
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 13.62 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.