(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 2023-01-23 View latest technical analysis
10 day averaged volume of Megasoft is 17961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 31.65 | 30.75 | 32.25 | 30.45 | 0.74 times |
| 20 Fri Jan 2023 | 30.85 | 30.95 | 31.75 | 29.85 | 0.556 times |
| 19 Thu Jan 2023 | 30.80 | 31.90 | 32.20 | 30.65 | 0.869 times |
| 18 Wed Jan 2023 | 31.70 | 32.30 | 32.40 | 31.10 | 0.833 times |
| 17 Tue Jan 2023 | 32.20 | 30.50 | 32.45 | 30.50 | 0.85 times |
| 16 Mon Jan 2023 | 30.15 | 31.00 | 31.35 | 30.05 | 0.544 times |
| 13 Fri Jan 2023 | 30.60 | 31.30 | 31.30 | 29.80 | 0.794 times |
| 12 Thu Jan 2023 | 30.10 | 31.10 | 31.20 | 29.75 | 0.769 times |
| 11 Wed Jan 2023 | 30.85 | 31.65 | 31.95 | 29.90 | 2.223 times |
| 10 Tue Jan 2023 | 31.40 | 31.35 | 33.00 | 30.10 | 1.537 times |
My analysis of stock is bearish for shortterm, and stock might move down till 30.8 or till 29.7. Use a stoploss of 31.79 and if the stock hits stoploss, then it can shoot up till 32.73
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 30.45 |
| Downside Target | 31.40 |
| Upside Target | 33.15 |
| Upside Target | 33.80 |
| Upside Target | 35.00 |
| Upside Target | 35.25 |
| 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 | 30.65 |
| Downside Intraday Target | 29.65 |
| Upside Intraday Target | 32.45 |
| Upside Intraday Target | 33.25 |
| Downside Intraday Target | 31.45 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 31.65 | 30.75 | 32.25 | 30.45 | 0.203 times |
| 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 |
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 |
| 23 Mon Jan 2023 | 31.65 | 33.20 | 33.80 | 29.75 | 0.532 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 | 12, 15, 10 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 41 | None |
| CCI | 56 | Buy |
| RSI | 57 | Buy |
| OBV | -42856 | Sell |
| VWAP | 31 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megasoft in short term and BUY 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 31.07 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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