(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 2024-05-22 View latest technical analysis
10 day averaged volume of Megasoft is 45585
Date | Daily Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 72.55 | 76.38 | 77.37 | 72.48 | 1.25 times |
21 Tue May 2024 | 76.29 | 75.30 | 76.29 | 75.15 | 2.618 times |
18 Sat May 2024 | 72.66 | 71.50 | 72.66 | 71.50 | 0.262 times |
17 Fri May 2024 | 69.20 | 67.70 | 70.51 | 67.23 | 1.567 times |
16 Thu May 2024 | 67.16 | 69.35 | 69.40 | 66.90 | 0.367 times |
15 Wed May 2024 | 69.35 | 69.51 | 70.00 | 68.40 | 0.189 times |
14 Tue May 2024 | 69.29 | 71.49 | 71.49 | 68.50 | 0.46 times |
13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 0.997 times |
10 Fri May 2024 | 67.01 | 65.99 | 67.01 | 64.00 | 1.706 times |
09 Thu May 2024 | 63.82 | 69.65 | 69.65 | 63.64 | 1.443 times |
My analysis of stock is bullish for shortterm, and stock might move up till 75 or till 79.6. Use a stoploss of 71.22 and if this stock hits its stoploss, then it can fall down till 67.41
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 | 72.48 |
Upside Target | 77.37 |
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 | 70.9 |
Downside Intraday Target | 69.24 |
Upside Intraday Target | 75.79 |
Upside Intraday Target | 79.02 |
Upside Intraday Target | 74.13 |
Weekly technical analysis of Megasoft (Megasoft)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 72.55 | 75.30 | 77.37 | 72.48 | 1.007 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 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 |
22 Wed May 2024 | 72.55 | 73.01 | 77.37 | 63.64 | 0.607 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 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 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 Weak and stock is losing 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 coming down
CCI has generated a SELL signal for Megasoft in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 70.36 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 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 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 Weak and stock is losing 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 coming down
CCI has generated a SELL signal for Megasoft in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 70.36 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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