(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 2022-12-07 View latest technical analysis
10 day averaged volume of Megasoft is 11446
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 36.80 | 36.50 | 37.20 | 36.50 | 0.429 times |
| 06 Tue Dec 2022 | 36.55 | 35.65 | 37.35 | 35.65 | 1.639 times |
| 05 Mon Dec 2022 | 36.30 | 35.70 | 36.95 | 35.70 | 0.665 times |
| 02 Fri Dec 2022 | 36.75 | 37.00 | 37.05 | 36.60 | 0.169 times |
| 01 Thu Dec 2022 | 36.65 | 37.10 | 37.30 | 36.25 | 0.452 times |
| 30 Wed Nov 2022 | 36.85 | 36.50 | 37.70 | 36.15 | 1.038 times |
| 29 Tue Nov 2022 | 37.15 | 38.70 | 38.70 | 37.00 | 1.746 times |
| 28 Mon Nov 2022 | 38.15 | 36.35 | 38.50 | 36.35 | 1.296 times |
| 25 Fri Nov 2022 | 36.95 | 37.10 | 37.90 | 36.20 | 0.896 times |
| 24 Thu Nov 2022 | 36.75 | 36.50 | 37.25 | 36.00 | 1.218 times |
My analysis of stock is bullish for shortterm, and stock might move up till 37.6 or till 38.7. Use a stoploss of 36.68 and if this stock hits its stoploss, then it can fall down till 35.77
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 31.40 |
| Downside Target | 33.65 |
| Downside Target | 35.25 |
| Upside Target | 37.35 |
| 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 | 35.85 |
| Downside Intraday Target | 34.9 |
| Upside Intraday Target | 37.55 |
| Upside Intraday Target | 38.3 |
| Downside Intraday Target | 36.6 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 36.80 | 35.70 | 37.35 | 35.65 | 0.581 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 up 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 |
| 07 Wed Dec 2022 | 36.80 | 37.10 | 37.35 | 35.65 | 0.053 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 | 15, 19, 9 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 30 | None |
| CCI | -15 | Buy |
| RSI | 54 | Buy |
| OBV | 91065 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 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 to mid term time period is
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 BUY signal for Megasoft in short term but the buy signal is initial and weak.
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 weakening, and bulls are picking up momentum!
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 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 36.97 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.
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