(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 2022-11-07 View latest technical analysis
10 day averaged volume of Megasoft is 38834
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 38.20 | 41.00 | 41.00 | 38.10 | 0.56 times |
| 04 Fri Nov 2022 | 39.60 | 41.95 | 41.95 | 39.10 | 0.529 times |
| 03 Thu Nov 2022 | 40.85 | 41.30 | 42.40 | 40.00 | 4.751 times |
| 02 Wed Nov 2022 | 38.55 | 38.00 | 38.55 | 37.05 | 0.971 times |
| 01 Tue Nov 2022 | 35.05 | 31.85 | 35.05 | 31.85 | 0.807 times |
| 31 Mon Oct 2022 | 31.90 | 32.60 | 33.00 | 31.80 | 0.204 times |
| 28 Fri Oct 2022 | 32.65 | 33.20 | 33.20 | 31.40 | 0.352 times |
| 27 Thu Oct 2022 | 32.05 | 32.40 | 33.90 | 31.50 | 0.867 times |
| 25 Tue Oct 2022 | 33.50 | 34.10 | 34.75 | 32.60 | 0.508 times |
| 24 Mon Oct 2022 | 34.80 | 33.50 | 35.20 | 33.50 | 0.055 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.1, but if it comes below 38.1, then a intra day sell could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 35.69 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 41 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 |
| Upside Target | 38.25 |
| Upside Target | 41.00 |
| 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 | 37.2 |
| Downside Intraday Target | 36.2 |
| Upside Intraday Target | 40.1 |
| Upside Intraday Target | 42 |
| Upside Intraday Target | 39.1 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 38.20 | 41.00 | 41.00 | 38.10 | 0.077 times |
| 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 |
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 |
| 07 Mon Nov 2022 | 38.20 | 31.85 | 42.40 | 31.85 | 0.942 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 | 32, 18, 29 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 74 | Buy |
| CCI | 72 | Sell |
| RSI | 62 | Buy |
| OBV | 68719 | Sell |
| VWAP | 38 | Sell |
| ADL | 0 | Sell |
| ROC | 13 | 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 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 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 tired and bears are picking up momentum.
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
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 38.2 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.
Click here for Megasoft charts
Click here for further forecast and predictions for tomorrow