(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 2022-11-04 View latest technical analysis
10 day averaged volume of Megasoft is 38740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 39.60 | 41.95 | 41.95 | 39.10 | 0.53 times |
| 03 Thu Nov 2022 | 40.85 | 41.30 | 42.40 | 40.00 | 4.763 times |
| 02 Wed Nov 2022 | 38.55 | 38.00 | 38.55 | 37.05 | 0.974 times |
| 01 Tue Nov 2022 | 35.05 | 31.85 | 35.05 | 31.85 | 0.809 times |
| 31 Mon Oct 2022 | 31.90 | 32.60 | 33.00 | 31.80 | 0.205 times |
| 28 Fri Oct 2022 | 32.65 | 33.20 | 33.20 | 31.40 | 0.353 times |
| 27 Thu Oct 2022 | 32.05 | 32.40 | 33.90 | 31.50 | 0.869 times |
| 25 Tue Oct 2022 | 33.50 | 34.10 | 34.75 | 32.60 | 0.509 times |
| 24 Mon Oct 2022 | 34.80 | 33.50 | 35.20 | 33.50 | 0.055 times |
| 21 Fri Oct 2022 | 33.90 | 37.00 | 37.00 | 33.35 | 0.958 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.9, but if it comes below 37.9, then a intra day sell could be more profitable.
If you take a sell trade below 37.9, then use 37.9 as stoploss and 35.57 as target. However if you take a buy trade in stock , then use 37.9 as stoploss and 40.7 as target.
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 |
| Upside Target | 42.40 |
| 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 | 33.47 |
| Downside Intraday Target | 27.33 |
| Upside Intraday Target | 44.07 |
| Upside Intraday Target | 48.53 |
| Downside Intraday Target | 37.93 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 39.60 | 32.60 | 42.40 | 31.80 | 4.077 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Megasoft (Megasoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 39.60 | 31.85 | 42.40 | 31.85 | 0.872 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 | 36, 16, 40 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 87 | Buy |
| CCI | 122 | Sell |
| RSI | 63 | Buy |
| OBV | 78901 | Sell |
| VWAP | 38 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 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 stronger in this stock.
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 37.79 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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