(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 2024-05-16 View latest technical analysis
10 day averaged volume of Megasoft is 40944
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 67.16 | 69.35 | 69.40 | 66.90 | 0.409 times |
| 15 Wed May 2024 | 69.35 | 69.51 | 70.00 | 68.40 | 0.211 times |
| 14 Tue May 2024 | 69.29 | 71.49 | 71.49 | 68.50 | 0.513 times |
| 13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 1.11 times |
| 10 Fri May 2024 | 67.01 | 65.99 | 67.01 | 64.00 | 1.899 times |
| 09 Thu May 2024 | 63.82 | 69.65 | 69.65 | 63.64 | 1.607 times |
| 08 Wed May 2024 | 66.98 | 66.92 | 69.00 | 66.30 | 0.434 times |
| 07 Tue May 2024 | 66.72 | 69.66 | 70.07 | 65.80 | 1.581 times |
| 06 Mon May 2024 | 69.26 | 72.45 | 73.90 | 69.00 | 0.407 times |
| 03 Fri May 2024 | 72.30 | 70.56 | 75.00 | 70.56 | 0.698 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 62.3 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 71.83 as target.
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 |
| Upside 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 | 65.54 |
| Downside Intraday Target | 63.93 |
| Upside Intraday Target | 70.13 |
| Upside Intraday Target | 73.11 |
| Upside Intraday Target | 68.52 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 67.16 | 67.56 | 71.49 | 66.90 | 0.378 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 |
| 16 Thu May 2024 | 67.16 | 73.01 | 75.00 | 63.64 | 0.377 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining momentum.
MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.
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. 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 SELL signal for Megasoft in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 67.51 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining momentum.
MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.
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. 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 SELL signal for Megasoft in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 67.51 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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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