(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 2022-09-13 View latest technical analysis
10 day averaged volume of Megasoft is 34556
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Sep 2022 | 41.65 | 42.50 | 43.90 | 41.50 | 0.809 times |
| 12 Mon Sep 2022 | 43.25 | 42.50 | 44.00 | 42.10 | 0.761 times |
| 09 Fri Sep 2022 | 42.10 | 42.70 | 42.70 | 41.30 | 1.118 times |
| 08 Thu Sep 2022 | 40.70 | 38.30 | 40.70 | 38.30 | 0.343 times |
| 07 Wed Sep 2022 | 38.80 | 39.45 | 39.45 | 38.50 | 0.188 times |
| 06 Tue Sep 2022 | 38.80 | 38.90 | 40.10 | 38.20 | 0.604 times |
| 05 Mon Sep 2022 | 39.20 | 39.85 | 40.00 | 38.70 | 0.998 times |
| 02 Fri Sep 2022 | 39.45 | 38.85 | 40.10 | 38.05 | 0.674 times |
| 01 Thu Sep 2022 | 38.20 | 38.50 | 39.50 | 37.50 | 0.513 times |
| 30 Tue Aug 2022 | 38.95 | 36.45 | 39.10 | 35.45 | 1.647 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.2, but if it comes below 41.2, then a intra day sell could be more profitable.
If you take a sell trade below 41.2, then use 41.2 as stoploss and 39.86 as target. However if you take a buy trade in stock , then use 41.2 as stoploss and 42.8 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 34.75 |
| Downside Target | 35.45 |
| Downside Target | 37.50 |
| Downside Target | 40.10 |
| Downside Target | 41.05 |
| Upside Target | 42.70 |
| Upside Target | 44.00 |
| Upside Target | 47.70 |
| Upside Target | 48.00 |
| Upside Target | 49.35 |
| Upside Target | 52.60 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 40.77 |
| Downside Intraday Target | 39.88 |
| Upside Intraday Target | 43.27 |
| Upside Intraday Target | 44.88 |
| Upside Intraday Target | 42.38 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Sep 2022 | 41.65 | 42.50 | 44.00 | 41.50 | 0.483 times |
| 09 Fri Sep 2022 | 42.10 | 39.85 | 42.70 | 38.20 | 0.543 times |
| 02 Fri Sep 2022 | 39.45 | 38.75 | 40.10 | 35.45 | 2.46 times |
| 26 Fri Aug 2022 | 39.25 | 40.00 | 42.20 | 38.70 | 0.703 times |
| 19 Fri Aug 2022 | 40.25 | 38.70 | 41.05 | 37.80 | 1.268 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 Tue Sep 2022 | 41.65 | 38.50 | 44.00 | 37.50 | 0.4 times |
| 30 Tue Aug 2022 | 38.95 | 46.65 | 48.00 | 35.45 | 1.198 times |
| 29 Fri Jul 2022 | 45.30 | 37.10 | 47.70 | 34.75 | 0.665 times |
| 30 Thu Jun 2022 | 36.85 | 50.55 | 52.60 | 36.10 | 1.504 times |
Scroll below to view daily charts
Price has moved up 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 | 24, 16, 19 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 85 | Buy |
| CCI | 104 | Sell |
| RSI | 60 | Buy |
| OBV | -106832 | Sell |
| VWAP | 40 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| 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 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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 40.21 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.
Megasoft Stock is giving positive 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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