(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 2022-04-22 View latest technical analysis
10 day averaged volume of Megasoft is 40567
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||52.90||52.00||53.85||51.60||1.046 times|
|21 Thu Apr 2022||52.65||54.50||54.80||52.15||0.484 times|
|20 Wed Apr 2022||53.55||54.80||55.90||52.60||0.465 times|
|19 Tue Apr 2022||54.10||54.70||56.25||53.00||1.662 times|
|18 Mon Apr 2022||53.60||51.35||54.85||50.25||1.306 times|
|13 Wed Apr 2022||52.50||55.75||56.05||52.30||1.101 times|
|12 Tue Apr 2022||55.05||57.25||59.00||54.70||1.23 times|
|11 Mon Apr 2022||57.55||58.00||59.85||57.05||0.659 times|
|08 Fri Apr 2022||57.30||60.40||60.40||56.25||1.174 times|
|07 Thu Apr 2022||59.15||60.05||60.05||58.15||1.265 times|
My analysis of stock is bearish for shortterm, and stock might move down till 49.9 or till 45.9. Use a stoploss of 53.17 and if the stock hits stoploss, then it can shoot up till 56.47
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||50.02|
|Downside Intraday Target||47.13|
|Upside Intraday Target||56.02|
|Upside Intraday Target||59.13|
|Upside Intraday Target||53.13|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||52.90||51.35||56.25||50.25||1.659 times|
|13 Wed Apr 2022||52.50||58.00||59.85||52.30||0.408 times|
|08 Fri Apr 2022||57.30||56.55||60.40||52.55||0.231 times|
|01 Fri Apr 2022||53.90||48.50||53.90||45.95||3.518 times|
|25 Fri Mar 2022||49.30||53.00||54.00||48.30||3.172 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|
|22 Fri Apr 2022||52.90||53.90||60.40||50.25||0.32 times|
|31 Thu Mar 2022||51.35||40.20||55.20||40.00||1.825 times|
|28 Mon Feb 2022||40.70||71.00||71.85||38.70||0.391 times|
|31 Mon Jan 2022||68.45||72.15||87.75||55.85||0.843 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||17, 26, 20||Sell|
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 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 SELL. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a SELL signal for Megasoft in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 54.96 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.