(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 2022-12-08 View latest technical analysis
10 day averaged volume of Megasoft is 10930
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Thu Dec 2022||36.00||36.50||37.00||35.80||1.349 times|
|07 Wed Dec 2022||36.80||36.50||37.20||36.50||0.45 times|
|06 Tue Dec 2022||36.55||35.65||37.35||35.65||1.717 times|
|05 Mon Dec 2022||36.30||35.70||36.95||35.70||0.696 times|
|02 Fri Dec 2022||36.75||37.00||37.05||36.60||0.177 times|
|01 Thu Dec 2022||36.65||37.10||37.30||36.25||0.474 times|
|30 Wed Nov 2022||36.85||36.50||37.70||36.15||1.087 times|
|29 Tue Nov 2022||37.15||38.70||38.70||37.00||1.829 times|
|28 Mon Nov 2022||38.15||36.35||38.50||36.35||1.357 times|
|25 Fri Nov 2022||36.95||37.10||37.90||36.20||0.939 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 35.7 as stoploss in an intra day buy trade for a target of 36.56. However, stock will show a bearish move below 35.7.
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||35.32|
|Downside Intraday Target||34.63|
|Upside Intraday Target||37.02|
|Upside Intraday Target||38.03|
|Upside Intraday Target||36.33|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Thu Dec 2022||36.00||35.70||37.35||35.65||0.855 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|
|08 Thu Dec 2022||36.00||37.10||37.35||35.65||0.073 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||14, 22, 20||Sell|
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 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 SELL signal for Megasoft in short term and the sell signal is strong.
Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 36.87 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.