(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 2023-01-30 View latest technical analysis
10 day averaged volume of Megasoft is 13690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 29.70 | 30.70 | 30.95 | 29.35 | 3.386 times |
| 27 Fri Jan 2023 | 30.05 | 30.60 | 30.70 | 29.35 | 0.608 times |
| 25 Wed Jan 2023 | 30.40 | 30.85 | 31.40 | 29.90 | 1.176 times |
| 24 Tue Jan 2023 | 31.45 | 32.00 | 32.50 | 31.40 | 1.411 times |
| 23 Mon Jan 2023 | 31.65 | 30.75 | 32.25 | 30.45 | 0.97 times |
| 20 Fri Jan 2023 | 30.85 | 30.95 | 31.75 | 29.85 | 0.729 times |
| 19 Thu Jan 2023 | 30.80 | 31.90 | 32.20 | 30.65 | 1.14 times |
| 18 Wed Jan 2023 | 31.70 | 32.30 | 32.40 | 31.10 | 1.093 times |
| 17 Tue Jan 2023 | 32.20 | 30.50 | 32.45 | 30.50 | 1.116 times |
| 16 Mon Jan 2023 | 30.15 | 31.00 | 31.35 | 30.05 | 0.714 times |
Stock of Megasoft (Megasoft) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 29.3, for a target of 30.4 or 31.28
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 29.25 |
| Upside Target | 30.95 |
| Upside Target | 32.50 |
| Upside Target | 33.15 |
| Upside Target | 33.80 |
| 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 | 29.05 |
| Downside Intraday Target | 28.4 |
| Upside Intraday Target | 30.65 |
| Upside Intraday Target | 31.6 |
| Upside Intraday Target | 30 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 29.70 | 30.70 | 30.95 | 29.35 | 0.813 times |
| 27 Fri Jan 2023 | 30.05 | 30.75 | 32.50 | 29.35 | 0.869 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 |
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 |
| 30 Mon Jan 2023 | 29.70 | 33.20 | 33.80 | 29.35 | 0.744 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 | 11, 21, 30 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 19 | Sell |
| CCI | -110 | Sell |
| RSI | 59 | Buy |
| OBV | -188539 | Sell |
| VWAP | 31 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 Strong and stock is losing 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 and the buying is gaining 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 30.74 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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