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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 2023-01-09 View latest technical analysis

10 day averaged volume of Megasoft is 13658

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jan 2023	31.85	33.05	33.15	31.40	1.348 times
06 Fri Jan 2023	32.05	32.30	32.55	31.60	0.618 times
05 Thu Jan 2023	32.25	31.45	33.10	31.45	0.599 times
04 Wed Jan 2023	32.25	32.05	33.70	31.45	0.785 times
03 Tue Jan 2023	32.65	33.80	33.80	32.25	0.19 times
02 Mon Jan 2023	32.55	33.20	33.45	32.40	0.3 times
30 Fri Dec 2022	32.80	34.00	34.00	32.60	0.698 times
29 Thu Dec 2022	32.55	34.00	34.00	32.25	0.136 times
28 Wed Dec 2022	33.05	35.00	35.00	31.65	1.235 times
27 Tue Dec 2022	33.45	33.85	33.85	31.45	1.72 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.9, but if it comes above 31.9, then a intra day buy could be more profitable.
If you take a sell trade below 31.9, then use 31.9 as stoploss and 30.3 as target. However if you take a buy trade in stock , then use 31.9 as stoploss and 33.36 as target.

Share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Target	29.25
Downside Target	30.20
Downside Target	31.40
Upside Target	33.15
Upside Target	35.00
Upside Target	35.25
Upside Target	36.75
Upside Target	37.50
Upside Target	38.25
Upside Target	42.40
Upside Target	44.00

Intraday share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Intraday Target	31.12
Downside Intraday Target	30.38
Upside Intraday Target	32.87
Upside Intraday Target	33.88
Upside Intraday Target	32.13

Weekly technical analysis of Megasoft (Megasoft)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jan 2023	31.85	33.05	33.15	31.40	0.541 times
06 Fri Jan 2023	32.05	33.20	33.80	31.45	0.332 times
30 Fri Dec 2022	32.80	30.20	35.00	29.25	0.796 times
23 Fri Dec 2022	30.20	34.55	37.50	30.20	1.092 times
16 Fri Dec 2022	34.90	36.20	36.75	34.15	1.692 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 Mon Jan 2023	31.85	33.20	33.80	31.40	0.123 times
30 Fri Dec 2022	32.80	37.10	37.50	29.25	0.589 times
30 Wed Nov 2022	36.85	31.85	42.40	31.85	2.286 times
31 Mon Oct 2022	31.90	38.25	38.25	31.40	0.559 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)

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 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 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 losing 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 red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 32.64 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.