(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 2024-05-13 View latest technical analysis
10 day averaged volume of Megasoft is 41626
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 1.091 times |
| 10 Fri May 2024 | 67.01 | 65.99 | 67.01 | 64.00 | 1.868 times |
| 09 Thu May 2024 | 63.82 | 69.65 | 69.65 | 63.64 | 1.581 times |
| 08 Wed May 2024 | 66.98 | 66.92 | 69.00 | 66.30 | 0.427 times |
| 07 Tue May 2024 | 66.72 | 69.66 | 70.07 | 65.80 | 1.556 times |
| 06 Mon May 2024 | 69.26 | 72.45 | 73.90 | 69.00 | 0.4 times |
| 03 Fri May 2024 | 72.30 | 70.56 | 75.00 | 70.56 | 0.687 times |
| 02 Thu May 2024 | 72.15 | 73.01 | 74.70 | 72.00 | 1.515 times |
| 30 Tue Apr 2024 | 73.52 | 76.56 | 76.56 | 72.55 | 0.657 times |
| 29 Mon Apr 2024 | 75.90 | 77.46 | 78.12 | 75.00 | 0.691 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 68.5 as stoploss in an intra day buy trade for a target of 72.76. However, stock will show a bearish move below 68.5.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 56.77 |
| Downside Target | 58.12 |
| Downside Target | 63.64 |
| Downside Target | 66.85 |
| Downside Target | 69.54 |
| Upside Target | 73.90 |
| Upside Target | 75.00 |
| Upside Target | 77.00 |
| Upside Target | 78.12 |
| Upside Target | 82.09 |
| Upside Target | 93.80 |
| Upside Target | 106.00 |
| Upside Target | 107.22 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 68.49 |
| Downside Intraday Target | 66.63 |
| Upside Intraday Target | 71.29 |
| Upside Intraday Target | 72.23 |
| Downside Intraday Target | 69.43 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 0.187 times |
| 10 Fri May 2024 | 67.01 | 72.45 | 73.90 | 63.64 | 1.643 times |
| 03 Fri May 2024 | 72.30 | 77.46 | 78.12 | 70.56 | 0.488 times |
| 26 Fri Apr 2024 | 77.29 | 76.16 | 82.09 | 74.79 | 0.914 times |
| 19 Fri Apr 2024 | 74.47 | 76.94 | 77.00 | 69.54 | 2.126 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 |
| 13 Mon May 2024 | 70.36 | 73.01 | 75.00 | 63.64 | 0.336 times |
| 30 Tue Apr 2024 | 73.52 | 92.70 | 93.80 | 69.54 | 0.617 times |
| 28 Thu Mar 2024 | 89.34 | 91.49 | 107.22 | 66.85 | 0.527 times |
| 29 Thu Feb 2024 | 87.95 | 59.68 | 106.00 | 58.12 | 2.291 times |
Scroll below to view daily charts
Price has moved down 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 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 SELL signal for Megasoft in short term and the sell 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 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 in or above 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 SELL signal in short term but selling 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 69.01 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 SELL signal for Megasoft in short term and the sell 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 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 in or above 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 SELL signal in short term but selling 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 69.01 and Megasoft (Megasoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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