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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 2023-09-21 View latest technical analysis

10 day averaged volume of Megasoft is 39872

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	46.00	46.10	46.10	46.00	0.555 times
20 Wed Sep 2023	46.00	46.00	46.00	45.50	0.198 times
18 Mon Sep 2023	45.90	46.25	46.25	45.60	0.11 times
15 Fri Sep 2023	46.10	46.10	46.10	45.86	0.519 times
14 Thu Sep 2023	46.10	46.30	46.30	46.10	0.56 times
13 Wed Sep 2023	47.04	47.04	47.04	47.04	0.155 times
12 Tue Sep 2023	48.00	50.50	50.55	47.91	1.204 times
11 Mon Sep 2023	50.43	50.10	52.00	50.10	2.393 times
08 Fri Sep 2023	49.80	50.80	51.35	48.00	1.193 times
07 Thu Sep 2023	49.63	49.60	49.72	47.51	1.948 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.5 or till 42.1. Use a stoploss of 46.44 and if the stock hits stoploss, then it can shoot up till 48.41

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
21 Thu Sep 2023	46.00	46.25	46.25	45.50	0.179 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
21 Thu Sep 2023	46.00	42.68	52.00	42.20	0.259 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 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 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 losing 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 red color and prices are below the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 48.82 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 has given negative 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.