(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 2021-09-20 View latest technical analysis
10 day averaged volume of Megasoft is 174119
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Mon Sep 2021||21.00||21.15||22.15||20.30||0.442 times|
|17 Fri Sep 2021||21.15||21.40||21.40||20.15||1.834 times|
|16 Thu Sep 2021||20.40||19.65||20.60||18.70||0.537 times|
|15 Wed Sep 2021||19.65||20.15||20.85||19.35||1.094 times|
|14 Tue Sep 2021||20.35||21.85||22.45||20.35||1.125 times|
|13 Mon Sep 2021||21.40||20.95||21.40||20.75||0.615 times|
|09 Thu Sep 2021||20.40||20.40||20.40||18.55||1.072 times|
|08 Wed Sep 2021||19.45||19.45||19.45||19.45||0.285 times|
|07 Tue Sep 2021||18.55||18.40||18.55||18.20||0.721 times|
|06 Mon Sep 2021||17.70||18.20||18.40||17.55||0.87 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.3, but if it comes below 20.3, then a intra day sell could be more profitable.
If you take a sell trade below 20.3, then use 20.3 as stoploss and 17.68 as target. However if you take a buy trade in stock , then use 20.3 as stoploss and 23.5 as target.
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||20.15|
|Downside Intraday Target||19.3|
|Upside Intraday Target||22|
|Upside Intraday Target||23|
|Upside Intraday Target||21.15|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Mon Sep 2021||21.00||21.15||22.15||20.30||0.085 times|
|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|
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|
|20 Mon Sep 2021||21.00||15.05||22.45||15.05||1.36 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||42, 14, 51||Buy|
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 coming down
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 20.1 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.