(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 2021-09-17 View latest technical analysis
10 day averaged volume of Megasoft is 168062
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||21.15||21.40||21.40||20.15||1.9 times|
|16 Thu Sep 2021||20.40||19.65||20.60||18.70||0.556 times|
|15 Wed Sep 2021||19.65||20.15||20.85||19.35||1.133 times|
|14 Tue Sep 2021||20.35||21.85||22.45||20.35||1.166 times|
|13 Mon Sep 2021||21.40||20.95||21.40||20.75||0.637 times|
|09 Thu Sep 2021||20.40||20.40||20.40||18.55||1.11 times|
|08 Wed Sep 2021||19.45||19.45||19.45||19.45||0.296 times|
|07 Tue Sep 2021||18.55||18.40||18.55||18.20||0.746 times|
|06 Mon Sep 2021||17.70||18.20||18.40||17.55||0.902 times|
|03 Fri Sep 2021||17.55||17.65||17.90||17.10||1.914 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20, but if it comes below 20, then a intra day sell could be more profitable.
If you take a sell trade below 20, then use 20 as stoploss and 17.25 as target. However if you take a buy trade in stock , then use 20 as stoploss and 23.3 as target.
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||19.08|
|Downside Intraday Target||17.02|
|Upside Intraday Target||22.83|
|Upside Intraday Target||24.52|
|Downside Intraday Target||20.77|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||21.15||20.95||22.45||18.70||1.766 times|
|09 Thu Sep 2021||20.40||18.20||20.40||17.55||0.618 times|
|03 Fri Sep 2021||17.55||16.30||17.90||14.60||4.33 times|
|27 Fri Aug 2021||15.75||13.05||15.85||13.05||0.681 times|
|20 Fri Aug 2021||12.50||14.30||14.30||12.40||1.465 times|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Megasoft (Megasoft)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||21.15||15.05||22.45||15.05||1.313 times|
|31 Tue Aug 2021||15.50||15.80||17.35||12.40||0.493 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|
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||43, 16, 45||Buy|
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Megasoft in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 positive zone. This is a BUY 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 19.59 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.