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(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 2022-04-25 View latest technical analysis

10 day averaged volume of Megasoft is 42162

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 50.30 50.65 52.00 50.30 0.714 times
22 Fri Apr 2022 52.90 52.00 53.85 51.60 1.006 times
21 Thu Apr 2022 52.65 54.50 54.80 52.15 0.466 times
20 Wed Apr 2022 53.55 54.80 55.90 52.60 0.447 times
19 Tue Apr 2022 54.10 54.70 56.25 53.00 1.599 times
18 Mon Apr 2022 53.60 51.35 54.85 50.25 1.256 times
13 Wed Apr 2022 52.50 55.75 56.05 52.30 1.06 times
12 Tue Apr 2022 55.05 57.25 59.00 54.70 1.184 times
11 Mon Apr 2022 57.55 58.00 59.85 57.05 0.634 times
08 Fri Apr 2022 57.30 60.40 60.40 56.25 1.13 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.8 as stoploss in an intra day buy trade for a target of 53.15. However, stock will show a bearish move below 49.8.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 29.10
Downside Target 38.70
Downside Target 40.00
Downside Target 45.95
Downside Target 50.25
Upside Target 52.00
Upside Target 53.90
Upside Target 55.20
Upside Target 59.85
Upside Target 60.40
Upside Target 71.85
Upside Target 83.50
Upside Target 87.75

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 49.73
Downside Intraday Target 49.17
Upside Intraday Target 51.43
Upside Intraday Target 52.57
Upside Intraday Target 50.87

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 50.30 50.65 52.00 50.30 0.15 times
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

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
25 Mon Apr 2022 50.30 53.90 60.40 50.25 0.335 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 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 16, 28, 28 Sell
MACD 0, 1Sell
Stochastics 17Sell
CCI -130Sell
RSI 46Sell
OBV 1101633Sell
VWAP 54Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

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 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 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 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 coming down

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 54.07 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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Daily charts

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Daily chart

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