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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 2023-09-07 View latest technical analysis

10 day averaged volume of Megasoft is 44679

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Sep 2023	49.63	49.60	49.72	47.51	1.738 times
06 Wed Sep 2023	47.36	45.50	47.36	45.50	1.535 times
05 Tue Sep 2023	45.11	42.85	45.11	42.20	1.688 times
04 Mon Sep 2023	42.97	43.05	44.00	42.70	0.393 times
01 Fri Sep 2023	43.93	42.68	45.35	42.31	0.682 times
31 Thu Aug 2023	43.52	43.62	45.38	43.03	0.641 times
30 Wed Aug 2023	45.02	46.99	46.99	44.50	0.434 times
29 Tue Aug 2023	46.27	44.99	47.10	43.05	0.976 times
28 Mon Aug 2023	44.86	46.50	47.00	44.50	0.856 times
25 Fri Aug 2023	46.84	46.55	48.46	45.75	0.806 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.9 as stoploss in an intra day sell trade for a target of 46.63. However, stock will show a bullish move above 49.9.

Share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Target	28.55
Downside Target	29.40
Downside Target	30.95
Downside Target	34.50
Downside Target	37.35
Downside Target	39.50
Downside Target	40.80
Downside Target	42.20
Downside Target	43.49
Downside Target	44.77
Downside Target	47.10
Upside Target	49.72
Upside Target	53.95
Upside Target	57.56

Intraday share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Intraday Target	44.65
Downside Intraday Target	39.66
Upside Intraday Target	52.17
Upside Intraday Target	54.7
Downside Intraday Target	47.18

Weekly technical analysis of Megasoft (Megasoft)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Sep 2023	49.63	43.05	49.72	42.20	1.492 times
01 Fri Sep 2023	43.93	46.50	47.10	42.31	0.509 times
25 Fri Aug 2023	46.84	52.00	53.95	44.77	0.273 times
18 Fri Aug 2023	51.48	42.15	57.56	40.80	3.419 times
11 Fri Aug 2023	42.27	40.80	45.29	39.50	1.85 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
07 Thu Sep 2023	49.63	42.68	49.72	42.20	0.128 times
31 Thu Aug 2023	43.52	38.26	57.56	37.35	0.916 times
31 Mon Jul 2023	38.39	29.51	43.49	28.55	6.02 times
30 Fri Jun 2023	29.98	33.91	34.50	29.40	0.996 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)

Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megasoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Megasoft in short term but the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 46.23 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.

Megasoft Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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