(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, -1 | Buy |
| Stochastics | 73 | Buy |
| CCI | 32 | Sell |
| RSI | 61 | Buy |
| OBV | -111844 | Sell |
| VWAP | 41 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
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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