(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, -0 | Buy |
| Stochastics | 24 | Sell |
| CCI | -19 | Buy |
| RSI | 61 | Buy |
| OBV | 263210 | Sell |
| VWAP | 37 | Buy |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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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