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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 2022-12-05 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, -0Sell
Stochastics 31None
CCI -102Sell
RSI 58Buy
OBV 25124Sell
VWAP 37Sell
ADL 0Sell
ROC -0Sell
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 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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Daily charts

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Daily chart

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