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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 2022-09-14 View latest technical analysis

10 day averaged volume of Megasoft is 26450

Date Daily Closing Price Open High Low Volume
14 Wed Sep 2022 41.15 41.05 41.65 40.25 1.879 times
13 Tue Sep 2022 41.65 42.50 43.90 41.50 1.057 times
12 Mon Sep 2022 43.25 42.50 44.00 42.10 0.994 times
09 Fri Sep 2022 42.10 42.70 42.70 41.30 1.461 times
08 Thu Sep 2022 40.70 38.30 40.70 38.30 0.449 times
07 Wed Sep 2022 38.80 39.45 39.45 38.50 0.245 times
06 Tue Sep 2022 38.80 38.90 40.10 38.20 0.789 times
05 Mon Sep 2022 39.20 39.85 40.00 38.70 1.304 times
02 Fri Sep 2022 39.45 38.85 40.10 38.05 0.88 times
01 Thu Sep 2022 38.20 38.50 39.50 37.50 0.67 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 41.3 as stoploss in an intra day sell trade for a target of 39.94. However, stock will show a bullish move above 41.3.

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
Upside Target 42.00
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 39.6
Downside Intraday Target 38.05
Upside Intraday Target 43.35
Upside Intraday Target 45.55
Upside Intraday Target 41.8

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
14 Wed Sep 2022 41.15 42.50 44.00 40.25 0.925 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
14 Wed Sep 2022 41.15 38.50 44.00 37.50 0.496 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 22, 21, 2 Buy
MACD -0, -1Buy
Stochastics 73Buy
CCI 32Sell
RSI 61Buy
OBV -111844Sell
VWAP 41Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 and the buying is gaining 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 40.67 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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Daily charts

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Daily chart

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