(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 2022-12-09 View latest technical analysis
10 day averaged volume of Megasoft is 11010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 35.00 | 36.05 | 36.05 | 34.90 | 2.152 times |
| 08 Thu Dec 2022 | 36.00 | 36.50 | 37.00 | 35.80 | 1.339 times |
| 07 Wed Dec 2022 | 36.80 | 36.50 | 37.20 | 36.50 | 0.446 times |
| 06 Tue Dec 2022 | 36.55 | 35.65 | 37.35 | 35.65 | 1.704 times |
| 05 Mon Dec 2022 | 36.30 | 35.70 | 36.95 | 35.70 | 0.691 times |
| 02 Fri Dec 2022 | 36.75 | 37.00 | 37.05 | 36.60 | 0.175 times |
| 01 Thu Dec 2022 | 36.65 | 37.10 | 37.30 | 36.25 | 0.47 times |
| 30 Wed Nov 2022 | 36.85 | 36.50 | 37.70 | 36.15 | 1.079 times |
| 29 Tue Nov 2022 | 37.15 | 38.70 | 38.70 | 37.00 | 1.815 times |
| 28 Mon Nov 2022 | 38.15 | 36.35 | 38.50 | 36.35 | 1.347 times |
Stock of Megasoft (Megasoft) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.6, but if it comes above 35.6, then a intra day buy could be more profitable.
If you take a sell trade below 35.6, then use 35.6 as stoploss and 34.5 as target. However if you take a buy trade in stock , then use 35.6 as stoploss and 36.43 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 31.40 |
| Downside Target | 33.65 |
| Downside Target | 34.90 |
| 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 | 34.15 |
| Downside Intraday Target | 33.3 |
| Upside Intraday Target | 36.6 |
| Upside Intraday Target | 38.2 |
| Upside Intraday Target | 35.75 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 35.00 | 35.70 | 37.35 | 34.90 | 1.296 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 |
| 09 Fri Dec 2022 | 35.00 | 37.10 | 37.35 | 34.90 | 0.106 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, 26, 32 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 17 | Sell |
| CCI | -194 | Sell |
| RSI | 54 | Buy |
| OBV | 49769 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 Strong 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 36.51 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.
Click here for Megasoft charts
Click here for further forecast and predictions for tomorrow