(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 2024-05-21 View latest technical analysis
10 day averaged volume of Megasoft is 40124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 76.29 | 75.30 | 76.29 | 75.15 | 2.975 times |
| 18 Sat May 2024 | 72.66 | 71.50 | 72.66 | 71.50 | 0.298 times |
| 17 Fri May 2024 | 69.20 | 67.70 | 70.51 | 67.23 | 1.78 times |
| 16 Thu May 2024 | 67.16 | 69.35 | 69.40 | 66.90 | 0.417 times |
| 15 Wed May 2024 | 69.35 | 69.51 | 70.00 | 68.40 | 0.215 times |
| 14 Tue May 2024 | 69.29 | 71.49 | 71.49 | 68.50 | 0.523 times |
| 13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 1.132 times |
| 10 Fri May 2024 | 67.01 | 65.99 | 67.01 | 64.00 | 1.938 times |
| 09 Thu May 2024 | 63.82 | 69.65 | 69.65 | 63.64 | 1.64 times |
| 08 Wed May 2024 | 66.98 | 66.92 | 69.00 | 66.30 | 0.443 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 75.7, but if it comes below 75.7, then a intra day sell could be more profitable.
If you take a sell trade below 75.7, then use 75.7 as stoploss and 71.56 as target. However if you take a buy trade in stock , then use 75.7 as stoploss and 80.8 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 |
| Downside Target | 69.54 |
| Downside Target | 72.66 |
| Downside Target | 76.29 |
| 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 | 75.53 |
| Downside Intraday Target | 74.77 |
| Upside Intraday Target | 76.67 |
| Upside Intraday Target | 77.05 |
| Downside Intraday Target | 75.91 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 76.29 | 75.30 | 76.29 | 75.15 | 0.681 times |
| 18 Sat May 2024 | 72.66 | 67.56 | 72.66 | 66.90 | 0.722 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 |
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 |
| 21 Tue May 2024 | 76.29 | 73.01 | 76.29 | 63.64 | 0.557 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.
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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 69.96 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Megasoft in short term but the buy signal is initial and weak.
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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 69.96 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 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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