(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 2022-11-30 View latest technical analysis
10 day averaged volume of Megasoft is 34012
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 36.85 | 36.50 | 37.70 | 36.15 | 0.349 times |
| 29 Tue Nov 2022 | 37.15 | 38.70 | 38.70 | 37.00 | 0.588 times |
| 28 Mon Nov 2022 | 38.15 | 36.35 | 38.50 | 36.35 | 0.436 times |
| 25 Fri Nov 2022 | 36.95 | 37.10 | 37.90 | 36.20 | 0.302 times |
| 24 Thu Nov 2022 | 36.75 | 36.50 | 37.25 | 36.00 | 0.41 times |
| 23 Wed Nov 2022 | 36.35 | 36.20 | 37.30 | 35.60 | 0.296 times |
| 22 Tue Nov 2022 | 36.10 | 36.70 | 37.25 | 35.95 | 0.476 times |
| 21 Mon Nov 2022 | 36.40 | 37.00 | 37.70 | 35.65 | 1.317 times |
| 18 Fri Nov 2022 | 37.45 | 37.60 | 37.60 | 36.05 | 5.487 times |
| 17 Thu Nov 2022 | 35.85 | 34.00 | 35.85 | 33.65 | 0.198 times |
My analysis of stock is bearish for shortterm, and stock might move down till 35.8 or till 34.1. Use a stoploss of 37.32 and if the stock hits stoploss, then it can shoot up till 38.8
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 | 38.70 |
| 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 | 35.77 |
| Downside Intraday Target | 34.68 |
| Upside Intraday Target | 38.32 |
| Upside Intraday Target | 39.78 |
| Upside Intraday Target | 37.23 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 36.85 | 36.35 | 38.70 | 36.15 | 0.49 times |
| 25 Fri Nov 2022 | 36.95 | 37.00 | 37.90 | 35.60 | 0.378 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 |
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 |
| 30 Wed Nov 2022 | 36.85 | 31.85 | 42.40 | 31.85 | 2.303 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 | 19, 19, 0 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 75 | Buy |
| CCI | 21 | Sell |
| RSI | 58 | Buy |
| OBV | 289570 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 37.13 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 positive
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