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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 2022-09-26 View latest technical analysis

10 day averaged volume of Megasoft is 23385

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 38.15 39.30 39.35 37.50 0.819 times
23 Fri Sep 2022 39.45 38.80 39.85 38.25 0.596 times
22 Thu Sep 2022 38.85 40.00 40.30 38.45 0.852 times
21 Wed Sep 2022 39.05 40.50 40.75 38.65 0.703 times
20 Tue Sep 2022 40.50 39.55 41.35 39.50 0.939 times
19 Mon Sep 2022 39.40 40.15 40.70 39.10 0.639 times
16 Fri Sep 2022 40.30 40.90 41.50 39.35 1.478 times
15 Thu Sep 2022 41.40 41.65 42.50 41.20 0.349 times
14 Wed Sep 2022 41.15 41.05 41.65 40.25 2.125 times
13 Tue Sep 2022 41.65 42.50 43.90 41.50 1.195 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.4, but if it comes above 38.4, then a intra day buy could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 36.6 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.83 as target.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 34.75
Downside Target 35.45
Downside Target 37.50
Upside Target 39.35
Upside Target 41.35
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 37.32
Downside Intraday Target 36.48
Upside Intraday Target 39.17
Upside Intraday Target 40.18
Upside Intraday Target 38.33

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 38.15 39.30 39.35 37.50 0.22 times
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

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
26 Mon Sep 2022 38.15 38.50 44.00 37.50 0.783 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 down 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 15, 24, 24 Sell
MACD -1, -1Sell
Stochastics 13Sell
CCI -124Sell
RSI 56Buy
OBV -180928Sell
VWAP 40Sell
ADL 0Sell
ROC -12Sell
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 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 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 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 Strong 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 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 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 40.2 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

Daily charts

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Daily chart

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