(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 2022-12-05 View latest technical analysis
10 day averaged volume of Megasoft is 14907
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 36.30 | 35.70 | 36.95 | 35.70 | 0.511 times |
| 02 Fri Dec 2022 | 36.75 | 37.00 | 37.05 | 36.60 | 0.13 times |
| 01 Thu Dec 2022 | 36.65 | 37.10 | 37.30 | 36.25 | 0.347 times |
| 30 Wed Nov 2022 | 36.85 | 36.50 | 37.70 | 36.15 | 0.797 times |
| 29 Tue Nov 2022 | 37.15 | 38.70 | 38.70 | 37.00 | 1.341 times |
| 28 Mon Nov 2022 | 38.15 | 36.35 | 38.50 | 36.35 | 0.995 times |
| 25 Fri Nov 2022 | 36.95 | 37.10 | 37.90 | 36.20 | 0.688 times |
| 24 Thu Nov 2022 | 36.75 | 36.50 | 37.25 | 36.00 | 0.935 times |
| 23 Wed Nov 2022 | 36.35 | 36.20 | 37.30 | 35.60 | 0.676 times |
| 22 Tue Nov 2022 | 36.10 | 36.70 | 37.25 | 35.95 | 1.085 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.8 as stoploss in an intra day buy trade for a target of 36.85. However, stock will show a bearish move below 35.8.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 31.40 |
| Downside Target | 33.65 |
| Downside Target | 35.25 |
| Upside Target | 36.95 |
| Upside Target | 37.90 |
| 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 | 35.68 |
| Downside Intraday Target | 35.07 |
| Upside Intraday Target | 36.93 |
| Upside Intraday Target | 37.57 |
| Upside Intraday Target | 36.32 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 36.30 | 35.70 | 36.95 | 35.70 | 0.141 times |
| 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 |
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 |
| 05 Mon Dec 2022 | 36.30 | 37.10 | 37.30 | 35.70 | 0.02 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 | 16, 21, 15 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 31 | None |
| CCI | -102 | Sell |
| RSI | 58 | Buy |
| OBV | 25124 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Megasoft ( (Megasoft) ) based on a short to mid 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 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.
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 coming down
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 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 36.87 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 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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