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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 2022-12-02 View latest technical analysis

10 day averaged volume of Megasoft is 33377

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 36.75 37.00 37.05 36.60 0.058 times
01 Thu Dec 2022 36.65 37.10 37.30 36.25 0.155 times
30 Wed Nov 2022 36.85 36.50 37.70 36.15 0.356 times
29 Tue Nov 2022 37.15 38.70 38.70 37.00 0.599 times
28 Mon Nov 2022 38.15 36.35 38.50 36.35 0.444 times
25 Fri Nov 2022 36.95 37.10 37.90 36.20 0.307 times
24 Thu Nov 2022 36.75 36.50 37.25 36.00 0.418 times
23 Wed Nov 2022 36.35 36.20 37.30 35.60 0.302 times
22 Tue Nov 2022 36.10 36.70 37.25 35.95 0.485 times
21 Mon Nov 2022 36.40 37.00 37.70 35.65 1.342 times

My analysis of stock is bearish for shortterm, and stock might move down till 35.8 or till 34.4. Use a stoploss of 37.02 and if the stock hits stoploss, then it can shoot up till 38.22

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 31.40
Downside Target 33.65
Downside Target 35.25
Upside Target 37.30
Upside Target 38.25
Upside Target 38.70
Upside Target 41.00
Upside Target 42.40
Upside Target 44.00
Upside Target 48.00

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 35.7
Downside Intraday Target 34.65
Upside Intraday Target 38.25
Upside Intraday Target 39.75
Upside Intraday Target 37.2

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 36.75 36.35 38.70 36.15 0.565 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
02 Fri Dec 2022 36.75 37.10 37.30 36.25 0.01 times
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

Scroll below to view daily charts

Price has moved down 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 17, 17, 0 Sell
MACD -0, -0Buy
Stochastics 45None
CCI -17Buy
RSI 57Buy
OBV 217249Sell
VWAP 37Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 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 green color and prices are in or below the green 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 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 36.76 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 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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