(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 2022-11-02 View latest technical analysis
10 day averaged volume of Megasoft is 19137
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Nov 2022 | 38.55 | 38.00 | 38.55 | 37.05 | 1.971 times |
| 01 Tue Nov 2022 | 35.05 | 31.85 | 35.05 | 31.85 | 1.638 times |
| 31 Mon Oct 2022 | 31.90 | 32.60 | 33.00 | 31.80 | 0.415 times |
| 28 Fri Oct 2022 | 32.65 | 33.20 | 33.20 | 31.40 | 0.714 times |
| 27 Thu Oct 2022 | 32.05 | 32.40 | 33.90 | 31.50 | 1.759 times |
| 25 Tue Oct 2022 | 33.50 | 34.10 | 34.75 | 32.60 | 1.031 times |
| 24 Mon Oct 2022 | 34.80 | 33.50 | 35.20 | 33.50 | 0.111 times |
| 21 Fri Oct 2022 | 33.90 | 37.00 | 37.00 | 33.35 | 1.94 times |
| 20 Thu Oct 2022 | 34.70 | 35.00 | 35.20 | 33.75 | 1.023 times |
| 19 Wed Oct 2022 | 34.20 | 35.25 | 35.30 | 33.00 | 0.368 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 39.3, for a target of 37.1 or 35.24
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 31.40 |
| Downside Target | 33.00 |
| Downside Target | 34.40 |
| Downside Target | 37.00 |
| Downside Target | 38.00 |
| Downside Target | 38.25 |
| Downside Target | 38.55 |
| Upside Target | 44.00 |
| Upside Target | 47.70 |
| Upside Target | 48.00 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 34.05 |
| Downside Intraday Target | 29.55 |
| Upside Intraday Target | 40.8 |
| Upside Intraday Target | 43.05 |
| Downside Intraday Target | 36.3 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Nov 2022 | 38.55 | 32.60 | 38.55 | 31.80 | 1.113 times |
| 28 Fri Oct 2022 | 32.65 | 33.50 | 35.20 | 31.40 | 0.834 times |
| 21 Fri Oct 2022 | 33.90 | 35.30 | 37.00 | 33.00 | 0.965 times |
| 14 Fri Oct 2022 | 35.50 | 38.00 | 38.00 | 34.40 | 1.259 times |
| 07 Fri Oct 2022 | 37.55 | 38.25 | 38.25 | 35.15 | 0.382 times |
Price has moved up 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 |
| 02 Wed Nov 2022 | 38.55 | 31.85 | 38.55 | 31.85 | 0.22 times |
| 31 Mon Oct 2022 | 31.90 | 38.25 | 38.25 | 31.40 | 0.555 times |
| 30 Fri Sep 2022 | 37.25 | 38.50 | 44.00 | 35.25 | 1.091 times |
| 30 Tue Aug 2022 | 38.95 | 46.65 | 48.00 | 35.45 | 1.198 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 | 30, 16, 31 | Buy |
| MACD | -2, -3 | Buy |
| Stochastics | 58 | None |
| CCI | 235 | Buy |
| RSI | 62 | Buy |
| OBV | -77548 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megasoft in short term and BUY signal is strong.
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 34.51 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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