(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 2023-01-20 View latest technical analysis
10 day averaged volume of Megasoft is 17808
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Fri Jan 2023||30.85||30.95||31.75||29.85||0.56 times|
|19 Thu Jan 2023||30.80||31.90||32.20||30.65||0.877 times|
|18 Wed Jan 2023||31.70||32.30||32.40||31.10||0.84 times|
|17 Tue Jan 2023||32.20||30.50||32.45||30.50||0.858 times|
|16 Mon Jan 2023||30.15||31.00||31.35||30.05||0.549 times|
|13 Fri Jan 2023||30.60||31.30||31.30||29.80||0.801 times|
|12 Thu Jan 2023||30.10||31.10||31.20||29.75||0.775 times|
|11 Wed Jan 2023||30.85||31.65||31.95||29.90||2.242 times|
|10 Tue Jan 2023||31.40||31.35||33.00||30.10||1.55 times|
|09 Mon Jan 2023||31.85||33.05||33.15||31.40||1.034 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.9, but if it comes above 30.9, then a intra day buy could be more profitable.
If you take a sell trade below 30.9, then use 30.9 as stoploss and 29.7 as target. However if you take a buy trade in stock , then use 30.9 as stoploss and 31.87 as target.
Share price targets for Megasoft (Megasoft)
Intraday share price targets for Megasoft (Megasoft)
|Downside Intraday Target||29.65|
|Downside Intraday Target||28.45|
|Upside Intraday Target||32.25|
|Upside Intraday Target||33.65|
|Upside Intraday Target||31.05|
Weekly technical analysis of Megasoft (Megasoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Fri Jan 2023||30.85||31.00||32.45||29.85||0.575 times|
|13 Fri Jan 2023||30.60||33.05||33.15||29.75||3.35 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|
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|
|20 Fri Jan 2023||30.85||33.20||33.80||29.75||0.501 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||2.303 times|
|31 Mon Oct 2022||31.90||38.25||38.25||31.40||0.555 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||10, 16, 22||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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 31.1 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.
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