(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 2023-02-01 View latest technical analysis
10 day averaged volume of Megasoft is 17980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 30.20 | 30.00 | 30.80 | 29.55 | 0.848 times |
| 31 Tue Jan 2023 | 30.15 | 29.80 | 30.75 | 28.85 | 1.145 times |
| 30 Mon Jan 2023 | 29.70 | 30.70 | 30.95 | 29.35 | 2.578 times |
| 27 Fri Jan 2023 | 30.05 | 30.60 | 30.70 | 29.35 | 0.463 times |
| 25 Wed Jan 2023 | 30.40 | 30.85 | 31.40 | 29.90 | 0.896 times |
| 24 Tue Jan 2023 | 31.45 | 32.00 | 32.50 | 31.40 | 1.074 times |
| 23 Mon Jan 2023 | 31.65 | 30.75 | 32.25 | 30.45 | 0.739 times |
| 20 Fri Jan 2023 | 30.85 | 30.95 | 31.75 | 29.85 | 0.555 times |
| 19 Thu Jan 2023 | 30.80 | 31.90 | 32.20 | 30.65 | 0.868 times |
| 18 Wed Jan 2023 | 31.70 | 32.30 | 32.40 | 31.10 | 0.832 times |
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 28.85 |
| Upside Target | 30.80 |
| Upside Target | 31.85 |
| Upside Target | 32.45 |
| Upside Target | 32.50 |
| Upside Target | 33.15 |
| Upside Target | 33.80 |
| Upside Target | 37.50 |
| Upside Target | 38.25 |
| Upside Target | 42.40 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 29.05 |
| Downside Intraday Target | 27.9 |
| Upside Intraday Target | 31.15 |
| Upside Intraday Target | 32.1 |
| Downside Intraday Target | 30 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 30.20 | 30.70 | 30.95 | 28.85 | 1.441 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 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 |
| 01 Wed Feb 2023 | 30.20 | 30.00 | 30.80 | 29.55 | 0.045 times |
| 31 Tue Jan 2023 | 30.15 | 33.20 | 33.80 | 28.85 | 0.792 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 |
Scroll below to view daily charts
Price has moved up 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, 20, 35 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 28 | Sell |
| CCI | -62 | Buy |
| RSI | 56 | Buy |
| OBV | -158126 | Sell |
| VWAP | 31 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 30.53 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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