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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 2022-05-23 View latest technical analysis

10 day averaged volume of Megasoft is 21676

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 44.90 44.50 46.65 44.50 0.541 times
20 Fri May 2022 45.60 44.90 45.95 44.65 0.683 times
19 Thu May 2022 43.80 42.60 44.25 42.15 0.865 times
18 Wed May 2022 43.70 45.95 46.00 43.40 1.464 times
17 Tue May 2022 45.20 43.50 45.25 43.50 0.727 times
16 Mon May 2022 43.10 42.00 45.00 42.00 0.866 times
13 Fri May 2022 42.90 46.50 46.50 42.50 1.304 times
12 Thu May 2022 44.70 42.35 44.90 42.35 0.707 times
11 Wed May 2022 43.95 45.75 46.00 42.90 0.746 times
10 Tue May 2022 45.15 44.65 47.70 44.65 1.457 times

My analysis of stock is bearish for shortterm, and stock might move down till 43.8 or till 41.4. Use a stoploss of 45.81 and if the stock hits stoploss, then it can shoot up till 47.8

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 38.70
Downside Target 40.00
Downside Target 42.00
Downside Target 44.50
Upside Target 46.00
Upside Target 47.75
Upside Target 49.35
Upside Target 52.00
Upside Target 55.20
Upside Target 55.85
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 44.05
Downside Intraday Target 43.2
Upside Intraday Target 46.2
Upside Intraday Target 47.5
Upside Intraday Target 45.35

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 44.90 44.50 46.65 44.50 0.117 times
20 Fri May 2022 45.60 42.00 46.00 42.00 0.854 times
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

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
23 Mon May 2022 44.90 45.25 49.35 42.00 0.437 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 20, 19, 1 Buy
MACD -3, -4Buy
Stochastics 46None
CCI 87Sell
RSI 48Sell
OBV -142748Sell
VWAP 44Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megasoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 but SELL 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

Stock of Megasoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.19 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily charts

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Daily chart

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