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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 2023-09-28 View latest technical analysis

10 day averaged volume of Megasoft is 11491

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	49.77	49.77	49.77	49.77	3.125 times
27 Wed Sep 2023	48.80	48.80	48.80	48.75	0.3 times
26 Tue Sep 2023	47.85	47.85	47.85	47.85	1.272 times
25 Mon Sep 2023	46.92	46.40	46.92	46.40	0.437 times
22 Fri Sep 2023	46.00	46.00	46.05	46.00	0.718 times
21 Thu Sep 2023	46.00	46.10	46.10	46.00	1.924 times
20 Wed Sep 2023	46.00	46.00	46.00	45.50	0.687 times
18 Mon Sep 2023	45.90	46.25	46.25	45.60	0.383 times
15 Fri Sep 2023	46.10	46.10	46.10	45.86	1.8 times
14 Thu Sep 2023	46.10	46.30	46.30	46.10	1.942 times

Stock of Megasoft (Megasoft) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.9, but if it comes below 48.9, then a intra day sell could be more profitable.
If you take a sell trade below 48.9, then use 48.9 as stoploss and 46.86 as target. However if you take a buy trade in stock , then use 48.9 as stoploss and 51.4 as target.

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	45.50
Downside Target	47.10
Downside Target	49.77
Upside Target	51.35
Upside Target	52.00
Upside Target	57.56

Intraday share price targets for Megasoft (Megasoft)

Target Type	Value
Downside Intraday Target	47.52
Downside Intraday Target	45.28
Upside Intraday Target	50.89
Upside Intraday Target	52.02
Downside Intraday Target	48.65

Weekly technical analysis of Megasoft (Megasoft)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	49.77	46.40	49.77	46.40	1.383 times
22 Fri Sep 2023	46.00	46.25	46.25	45.50	0.222 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

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
28 Thu Sep 2023	49.77	42.68	52.00	42.20	0.291 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 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Megasoft in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 47.25 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.