(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 2022-05-13 View latest technical analysis
10 day averaged volume of Megasoft is 29108
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 42.90 | 46.50 | 46.50 | 42.50 | 0.971 times |
| 12 Thu May 2022 | 44.70 | 42.35 | 44.90 | 42.35 | 0.527 times |
| 11 Wed May 2022 | 43.95 | 45.75 | 46.00 | 42.90 | 0.555 times |
| 10 Tue May 2022 | 45.15 | 44.65 | 47.70 | 44.65 | 1.085 times |
| 09 Mon May 2022 | 45.45 | 44.25 | 47.75 | 43.85 | 0.879 times |
| 06 Fri May 2022 | 45.50 | 49.00 | 49.00 | 44.65 | 1.28 times |
| 05 Thu May 2022 | 47.00 | 48.00 | 48.95 | 46.95 | 1.104 times |
| 04 Wed May 2022 | 46.85 | 46.90 | 47.70 | 45.95 | 0.481 times |
| 02 Mon May 2022 | 45.60 | 45.25 | 49.35 | 45.25 | 1.229 times |
| 29 Fri Apr 2022 | 47.05 | 51.00 | 51.25 | 47.05 | 1.602 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.9, but if it comes above 44.9, then a intra day buy could be more profitable.
If you take a sell trade below 44.9, then use 44.9 as stoploss and 40.6 as target. However if you take a buy trade in stock , then use 44.9 as stoploss and 48.46 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 38.70 |
| Downside Target | 40.00 |
| Downside Target | 42.35 |
| Upside Target | 44.65 |
| Upside Target | 46.70 |
| Upside Target | 47.75 |
| 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 | 40.92 |
| Downside Intraday Target | 38.93 |
| Upside Intraday Target | 46.32 |
| Upside Intraday Target | 49.73 |
| Upside Intraday Target | 44.33 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 42.90 | 44.25 | 47.75 | 42.35 | 0.981 times |
| 06 Fri May 2022 | 45.50 | 45.25 | 49.35 | 44.65 | 0.701 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 |
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 |
| 13 Fri May 2022 | 42.90 | 45.25 | 49.35 | 42.35 | 0.296 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 | 15, 24, 25 | Sell |
| MACD | -4, -3 | Sell |
| Stochastics | 15 | Sell |
| CCI | -109 | Sell |
| RSI | 48 | Sell |
| OBV | -180060 | Sell |
| VWAP | 46 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
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 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 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 45.57 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.
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