(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 2022-11-15 View latest technical analysis
10 day averaged volume of Megasoft is 36372
Date | Daily Closing Price | Open | High | Low | Volume |
15 Tue Nov 2022 | 35.35 | 36.30 | 37.10 | 35.15 | 0.436 times |
14 Mon Nov 2022 | 36.95 | 38.70 | 38.70 | 36.20 | 0.71 times |
11 Fri Nov 2022 | 37.75 | 38.90 | 39.00 | 37.50 | 0.437 times |
10 Thu Nov 2022 | 38.35 | 39.20 | 39.75 | 38.10 | 0.211 times |
09 Wed Nov 2022 | 38.55 | 37.50 | 39.05 | 37.50 | 0.29 times |
07 Mon Nov 2022 | 38.20 | 41.00 | 41.00 | 38.10 | 0.598 times |
04 Fri Nov 2022 | 39.60 | 41.95 | 41.95 | 39.10 | 0.564 times |
03 Thu Nov 2022 | 40.85 | 41.30 | 42.40 | 40.00 | 5.073 times |
02 Wed Nov 2022 | 38.55 | 38.00 | 38.55 | 37.05 | 1.037 times |
01 Tue Nov 2022 | 35.05 | 31.85 | 35.05 | 31.85 | 0.862 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33.3 or till 30.3. Use a stoploss of 35.85 and if the stock hits stoploss, then it can shoot up till 38.38
Share price targets for Megasoft (Megasoft)
Target Type | Value |
Downside Target | 31.40 |
Downside Target | 33.00 |
Downside Target | 34.75 |
Upside Target | 37.00 |
Upside Target | 38.25 |
Upside Target | 38.70 |
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 | 34.1 |
Downside Intraday Target | 32.85 |
Upside Intraday Target | 37.65 |
Upside Intraday Target | 39.95 |
Upside Intraday Target | 36.4 |
Weekly technical analysis of Megasoft (Megasoft)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Tue Nov 2022 | 35.35 | 38.70 | 38.70 | 35.15 | 0.746 times |
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 |
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 |
15 Tue Nov 2022 | 35.35 | 31.85 | 42.40 | 31.85 | 1.183 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 | 24, 25, 4 | Sell |
MACD | -0, -0 | Buy |
Stochastics | 47 | None |
CCI | -103 | Sell |
RSI | 61 | Buy |
OBV | 62446 | Sell |
VWAP | 39 | Sell |
ADL | 0 | Sell |
ROC | 11 | 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.
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. 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 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 39.15 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 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