(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 2022-05-24 View latest technical analysis
10 day averaged volume of Megasoft is 20291
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 44.25 | 44.95 | 45.50 | 43.50 | 0.34 times |
| 23 Mon May 2022 | 44.90 | 44.50 | 46.65 | 44.50 | 0.578 times |
| 20 Fri May 2022 | 45.60 | 44.90 | 45.95 | 44.65 | 0.73 times |
| 19 Thu May 2022 | 43.80 | 42.60 | 44.25 | 42.15 | 0.924 times |
| 18 Wed May 2022 | 43.70 | 45.95 | 46.00 | 43.40 | 1.564 times |
| 17 Tue May 2022 | 45.20 | 43.50 | 45.25 | 43.50 | 0.776 times |
| 16 Mon May 2022 | 43.10 | 42.00 | 45.00 | 42.00 | 0.925 times |
| 13 Fri May 2022 | 42.90 | 46.50 | 46.50 | 42.50 | 1.393 times |
| 12 Thu May 2022 | 44.70 | 42.35 | 44.90 | 42.35 | 0.756 times |
| 11 Wed May 2022 | 43.95 | 45.75 | 46.00 | 42.90 | 0.797 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 43.8 as stoploss in an intra day buy trade for a target of 45.51. However, stock will show a bearish move below 43.8.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 38.70 |
| Downside Target | 40.00 |
| Downside Target | 42.00 |
| Downside Target | 43.50 |
| Upside Target | 44.65 |
| 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 | 42.95 |
| Downside Intraday Target | 41.65 |
| Upside Intraday Target | 46.1 |
| Upside Intraday Target | 47.95 |
| Upside Intraday Target | 44.8 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 44.25 | 44.50 | 46.65 | 43.50 | 0.187 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 |
| 24 Tue May 2022 | 44.25 | 45.25 | 49.35 | 42.00 | 0.445 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 | 18, 22, 8 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | 54 | None |
| CCI | 13 | Sell |
| RSI | 49 | Sell |
| OBV | -192089 | Sell |
| VWAP | 44 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining 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. Bulls 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 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
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 44.02 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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