(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 2022-11-11 View latest technical analysis
10 day averaged volume of Megasoft is 36934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 37.75 | 38.90 | 39.00 | 37.50 | 0.43 times |
| 10 Thu Nov 2022 | 38.35 | 39.20 | 39.75 | 38.10 | 0.208 times |
| 09 Wed Nov 2022 | 38.55 | 37.50 | 39.05 | 37.50 | 0.285 times |
| 07 Mon Nov 2022 | 38.20 | 41.00 | 41.00 | 38.10 | 0.589 times |
| 04 Fri Nov 2022 | 39.60 | 41.95 | 41.95 | 39.10 | 0.556 times |
| 03 Thu Nov 2022 | 40.85 | 41.30 | 42.40 | 40.00 | 4.996 times |
| 02 Wed Nov 2022 | 38.55 | 38.00 | 38.55 | 37.05 | 1.021 times |
| 01 Tue Nov 2022 | 35.05 | 31.85 | 35.05 | 31.85 | 0.849 times |
| 31 Mon Oct 2022 | 31.90 | 32.60 | 33.00 | 31.80 | 0.215 times |
| 28 Fri Oct 2022 | 32.65 | 33.20 | 33.20 | 31.40 | 0.37 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.3 as stoploss in an intra day sell trade for a target of 35.82. However, stock will show a bullish move above 38.3.
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 |
| Upside 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 | 36.5 |
| Downside Intraday Target | 35.25 |
| Upside Intraday Target | 40 |
| Upside Intraday Target | 42.25 |
| Upside Intraday Target | 38.75 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 37.75 | 41.00 | 41.00 | 37.50 | 0.198 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 |
| 11 Fri Nov 2022 | 37.75 | 31.85 | 42.40 | 31.85 | 1.05 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 | 29, 19, 20 | Buy |
| MACD | 0, -1 | Buy |
| Stochastics | 62 | None |
| CCI | 22 | Sell |
| RSI | 62 | Buy |
| OBV | 68430 | Sell |
| VWAP | 39 | Sell |
| ADL | 0 | Sell |
| ROC | 18 | Buy |
| 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Megasoft ( (Megasoft) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.
MACD generated a BUY signal for Megasoft in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining 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 39.06 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