(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 2024-05-24 View latest technical analysis
10 day averaged volume of Megasoft is 43774
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 70.77 | 69.76 | 74.07 | 69.76 | 0.323 times |
| 23 Thu May 2024 | 71.80 | 72.48 | 72.48 | 69.23 | 0.193 times |
| 22 Wed May 2024 | 72.55 | 76.38 | 77.37 | 72.48 | 1.302 times |
| 21 Tue May 2024 | 76.29 | 75.30 | 76.29 | 75.15 | 2.727 times |
| 18 Sat May 2024 | 72.66 | 71.50 | 72.66 | 71.50 | 0.273 times |
| 17 Fri May 2024 | 69.20 | 67.70 | 70.51 | 67.23 | 1.632 times |
| 16 Thu May 2024 | 67.16 | 69.35 | 69.40 | 66.90 | 0.382 times |
| 15 Wed May 2024 | 69.35 | 69.51 | 70.00 | 68.40 | 0.197 times |
| 14 Tue May 2024 | 69.29 | 71.49 | 71.49 | 68.50 | 0.479 times |
| 13 Mon May 2024 | 70.36 | 67.56 | 70.36 | 67.56 | 1.038 times |
My analysis of stock is bullish for shortterm, and stock might move up till 74.1 or till 78.2. Use a stoploss of 70.72 and if this stock hits its stoploss, then it can fall down till 67.3
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 | 69.23 |
| Upside Target | 72.66 |
| 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 | 67.54 |
| Downside Intraday Target | 64.32 |
| Upside Intraday Target | 75.68 |
| Upside Intraday Target | 80.6 |
| Upside Intraday Target | 72.46 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 70.77 | 75.30 | 77.37 | 69.23 | 1.136 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 |
| 24 Fri May 2024 | 70.77 | 73.01 | 77.37 | 63.64 | 0.627 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 72.26 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 72.26 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. 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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