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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 2022-05-02 View latest technical analysis

10 day averaged volume of Megasoft is 37124

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 45.60 45.25 49.35 45.25 0.963 times
29 Fri Apr 2022 47.05 51.00 51.25 47.05 1.256 times
28 Thu Apr 2022 49.50 48.50 49.50 48.10 0.987 times
27 Wed Apr 2022 47.15 48.00 48.40 46.70 0.662 times
26 Tue Apr 2022 48.75 51.90 51.90 48.05 0.86 times
25 Mon Apr 2022 50.30 50.65 52.00 50.30 0.811 times
22 Fri Apr 2022 52.90 52.00 53.85 51.60 1.143 times
21 Thu Apr 2022 52.65 54.50 54.80 52.15 0.529 times
20 Wed Apr 2022 53.55 54.80 55.90 52.60 0.508 times
19 Tue Apr 2022 54.10 54.70 56.25 53.00 1.816 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 44.8, for a target of 49.2 or 52.87

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 38.70
Downside Target 40.00
Downside Target 45.25
Upside Target 46.70
Upside Target 49.35
Upside Target 52.00
Upside Target 55.20
Upside Target 56.25
Upside Target 59.85
Upside Target 60.40
Upside Target 71.85
Upside Target 87.75

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 44.12
Downside Intraday Target 42.63
Upside Intraday Target 48.22
Upside Intraday Target 50.83
Upside Intraday Target 46.73

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 45.60 45.25 49.35 45.25 0.211 times
29 Fri Apr 2022 47.05 50.65 52.00 46.70 0.844 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

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
02 Mon May 2022 45.60 45.25 49.35 45.25 0.045 times
29 Fri Apr 2022 47.05 53.90 60.40 46.70 0.407 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

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 17, 29, 27 Sell
MACD -2, -1Sell
Stochastics 12Sell
CCI -108Sell
RSI 47Sell
OBV 884094Sell
VWAP 50Sell
ADL 0Sell
ROC -15Sell
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 gaining 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 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 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 50.29 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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