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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 2022-09-19 View latest technical analysis

10 day averaged volume of Megasoft is 25899

Date Daily Closing Price Open High Low Volume
19 Mon Sep 2022 39.40 40.15 40.70 39.10 0.577 times
16 Fri Sep 2022 40.30 40.90 41.50 39.35 1.335 times
15 Thu Sep 2022 41.40 41.65 42.50 41.20 0.315 times
14 Wed Sep 2022 41.15 41.05 41.65 40.25 1.919 times
13 Tue Sep 2022 41.65 42.50 43.90 41.50 1.079 times
12 Mon Sep 2022 43.25 42.50 44.00 42.10 1.015 times
09 Fri Sep 2022 42.10 42.70 42.70 41.30 1.492 times
08 Thu Sep 2022 40.70 38.30 40.70 38.30 0.458 times
07 Wed Sep 2022 38.80 39.45 39.45 38.50 0.25 times
06 Tue Sep 2022 38.80 38.90 40.10 38.20 0.805 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.6 or till 36.9. Use a stoploss of 40.01 and if the stock hits stoploss, then it can shoot up till 41.41

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 34.75
Downside Target 35.45
Downside Target 37.50
Upside Target 42.00
Upside Target 42.20
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 38.77
Downside Intraday Target 38.13
Upside Intraday Target 40.37
Upside Intraday Target 41.33
Upside Intraday Target 39.73

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
19 Mon Sep 2022 39.40 40.15 40.70 39.10 0.102 times
16 Fri Sep 2022 40.30 42.50 44.00 39.35 1.305 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

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
19 Mon Sep 2022 39.40 38.50 44.00 37.50 0.607 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 20, 26, 12 Sell
MACD -0, -0Buy
Stochastics 38None
CCI -59Sell
RSI 58Buy
OBV -138784Sell
VWAP 41Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megasoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 41.08 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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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