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(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 2022-11-18 View latest technical analysis

10 day averaged volume of Megasoft is 32596

Date Daily Closing Price Open High Low Volume
18 Fri Nov 2022 37.45 37.60 37.60 36.05 5.726 times
17 Thu Nov 2022 35.85 34.00 35.85 33.65 0.206 times
16 Wed Nov 2022 34.15 35.25 35.70 34.00 0.512 times
15 Tue Nov 2022 35.35 36.30 37.10 35.15 0.486 times
14 Mon Nov 2022 36.95 38.70 38.70 36.20 0.792 times
11 Fri Nov 2022 37.75 38.90 39.00 37.50 0.487 times
10 Thu Nov 2022 38.35 39.20 39.75 38.10 0.236 times
09 Wed Nov 2022 38.55 37.50 39.05 37.50 0.323 times
07 Mon Nov 2022 38.20 41.00 41.00 38.10 0.667 times
04 Fri Nov 2022 39.60 41.95 41.95 39.10 0.63 times

Stock of Megasoft (Megasoft) has showed a significant upmove. This could be a good time to enter in this stock!

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 38.5 as stoploss in an intra day sell trade for a target of 36.01. However, stock will show a bullish move above 38.5.

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 31.40
Downside Target 33.00
Downside Target 34.75
Downside 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 34.5
Downside Intraday Target 31.55
Upside Intraday Target 39.55
Upside Intraday Target 41.65
Downside Intraday Target 36.6

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
18 Fri Nov 2022 37.45 38.70 38.70 33.65 4.508 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, 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
18 Fri Nov 2022 37.45 31.85 42.40 31.85 1.851 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Megasoft (Megasoft)

Indicator Name Indicator Value Indicator Signal
ADX 26, 25, 2 Buy
MACD -0, -0Buy
Stochastics 24Sell
CCI -19Buy
RSI 61Buy
OBV 263210Sell
VWAP 37Buy
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY 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 37.36 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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