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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 2022-04-28 View latest technical analysis

10 day averaged volume of Megasoft is 38255

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 49.50 48.50 49.50 48.10 0.957 times
27 Wed Apr 2022 47.15 48.00 48.40 46.70 0.643 times
26 Tue Apr 2022 48.75 51.90 51.90 48.05 0.835 times
25 Mon Apr 2022 50.30 50.65 52.00 50.30 0.787 times
22 Fri Apr 2022 52.90 52.00 53.85 51.60 1.109 times
21 Thu Apr 2022 52.65 54.50 54.80 52.15 0.514 times
20 Wed Apr 2022 53.55 54.80 55.90 52.60 0.493 times
19 Tue Apr 2022 54.10 54.70 56.25 53.00 1.763 times
18 Mon Apr 2022 53.60 51.35 54.85 50.25 1.384 times
13 Wed Apr 2022 52.50 55.75 56.05 52.30 1.168 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.1, but if it comes above 50.1, then a intra day buy could be more profitable.
If you take a sell trade below 50.1, then use 50.1 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 50.1 as stoploss and 53.25 as target.

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
Upside 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 46.8
Downside Intraday Target 44.1
Upside Intraday Target 52.1
Upside Intraday Target 54.7
Downside Intraday Target 49.4

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 49.50 50.65 52.00 46.70 0.612 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
28 Thu Apr 2022 49.50 53.90 60.40 46.70 0.383 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, 31, 33 Sell
MACD -1, -0Sell
Stochastics 13Sell
CCI -89Buy
RSI 48Sell
OBV 1209954Sell
VWAP 52Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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 losing momentum.

MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.

Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Megasoft in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 51.9 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Megasoft charts

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Daily charts

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Daily chart

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