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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 2023-09-20 View latest technical analysis

10 day averaged volume of Megasoft is 46623

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	46.00	46.00	46.00	45.50	0.169 times
18 Mon Sep 2023	45.90	46.25	46.25	45.60	0.094 times
15 Fri Sep 2023	46.10	46.10	46.10	45.86	0.444 times
14 Thu Sep 2023	46.10	46.30	46.30	46.10	0.479 times
13 Wed Sep 2023	47.04	47.04	47.04	47.04	0.132 times
12 Tue Sep 2023	48.00	50.50	50.55	47.91	1.029 times
11 Mon Sep 2023	50.43	50.10	52.00	50.10	2.047 times
08 Fri Sep 2023	49.80	50.80	51.35	48.00	1.021 times
07 Thu Sep 2023	49.63	49.60	49.72	47.51	1.666 times
06 Wed Sep 2023	47.36	45.50	47.36	45.50	1.471 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.5 or till 42.2. Use a stoploss of 46.5 and if the stock hits stoploss, then it can shoot up till 48.47

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	42.20
Downside Target	43.49
Downside Target	44.77
Upside Target	47.10
Upside Target	51.35
Upside Target	52.00
Upside Target	53.95
Upside Target	57.56

Intraday share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Intraday Target	45.58
Downside Intraday Target	45.17
Upside Intraday Target	46.33
Upside Intraday Target	46.67
Downside Intraday Target	45.92

Weekly technical analysis of Megasoft (Megasoft)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	46.00	46.25	46.25	45.50	0.064 times
15 Fri Sep 2023	46.10	50.10	52.00	45.86	0.671 times
08 Fri Sep 2023	49.80	43.05	51.35	42.20	1.789 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

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
20 Wed Sep 2023	46.00	42.68	52.00	42.20	0.249 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megasoft in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 48.72 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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.