(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 2022-11-23 View latest technical analysis
10 day averaged volume of Megasoft is 34680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 36.35 | 36.20 | 37.30 | 35.60 | 0.291 times |
| 22 Tue Nov 2022 | 36.10 | 36.70 | 37.25 | 35.95 | 0.467 times |
| 21 Mon Nov 2022 | 36.40 | 37.00 | 37.70 | 35.65 | 1.292 times |
| 18 Fri Nov 2022 | 37.45 | 37.60 | 37.60 | 36.05 | 5.382 times |
| 17 Thu Nov 2022 | 35.85 | 34.00 | 35.85 | 33.65 | 0.194 times |
| 16 Wed Nov 2022 | 34.15 | 35.25 | 35.70 | 34.00 | 0.481 times |
| 15 Tue Nov 2022 | 35.35 | 36.30 | 37.10 | 35.15 | 0.457 times |
| 14 Mon Nov 2022 | 36.95 | 38.70 | 38.70 | 36.20 | 0.745 times |
| 11 Fri Nov 2022 | 37.75 | 38.90 | 39.00 | 37.50 | 0.458 times |
| 10 Thu Nov 2022 | 38.35 | 39.20 | 39.75 | 38.10 | 0.221 times |
My analysis of stock is bullish for shortterm, and stock might move up till 38.7 or till 41.7. Use a stoploss of 36.28 and if this stock hits its stoploss, then it can fall down till 33.84
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 31.40 |
| Downside Target | 33.65 |
| Downside Target | 34.75 |
| Upside Target | 37.50 |
| 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 | 35.4 |
| Downside Intraday Target | 34.45 |
| Upside Intraday Target | 37.5 |
| Upside Intraday Target | 38.65 |
| Upside Intraday Target | 36.55 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 36.35 | 37.00 | 37.70 | 35.60 | 0.282 times |
| 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 |
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 |
| 23 Wed Nov 2022 | 36.35 | 31.85 | 42.40 | 31.85 | 2.078 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 | 20, 23, 7 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 41 | None |
| CCI | -14 | Sell |
| RSI | 60 | Buy |
| OBV | 236885 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Megasoft in short term and the sell 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. Bears are getting stronger in this stock.
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 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 36.93 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 has given negative 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.
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