(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 2022-09-23 View latest technical analysis
10 day averaged volume of Megasoft is 25855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Sep 2022 | 39.45 | 38.80 | 39.85 | 38.25 | 0.539 times |
| 22 Thu Sep 2022 | 38.85 | 40.00 | 40.30 | 38.45 | 0.771 times |
| 21 Wed Sep 2022 | 39.05 | 40.50 | 40.75 | 38.65 | 0.636 times |
| 20 Tue Sep 2022 | 40.50 | 39.55 | 41.35 | 39.50 | 0.849 times |
| 19 Mon Sep 2022 | 39.40 | 40.15 | 40.70 | 39.10 | 0.578 times |
| 16 Fri Sep 2022 | 40.30 | 40.90 | 41.50 | 39.35 | 1.337 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 | 1.922 times |
| 13 Tue Sep 2022 | 41.65 | 42.50 | 43.90 | 41.50 | 1.081 times |
| 12 Mon Sep 2022 | 43.25 | 42.50 | 44.00 | 42.10 | 1.017 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.5 or till 36.8. Use a stoploss of 39.89 and if the stock hits stoploss, then it can shoot up till 41.31
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 34.75 |
| Downside Target | 35.45 |
| Downside Target | 37.50 |
| Upside Target | 41.35 |
| 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 | 38.02 |
| Downside Intraday Target | 36.58 |
| Upside Intraday Target | 41.12 |
| Upside Intraday Target | 42.78 |
| Upside Intraday Target | 39.68 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Sep 2022 | 39.45 | 40.15 | 41.35 | 38.25 | 0.595 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 |
| 23 Fri Sep 2022 | 39.45 | 38.50 | 44.00 | 37.50 | 0.747 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 | 17, 23, 16 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 14 | Sell |
| CCI | -89 | Sell |
| RSI | 57 | Buy |
| OBV | -167795 | Sell |
| VWAP | 41 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 to mid term time period is
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 SELL signal for Megasoft in short term and the sell signal is strong.
Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 40.71 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for Megasoft charts
Click here for further forecast and predictions for tomorrow