(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 2024-08-05 View latest technical analysis
10 day averaged volume of Megasoft is 28361
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 67.42 | 72.64 | 72.64 | 67.40 | 0.734 times |
| 02 Fri Aug 2024 | 70.94 | 74.00 | 74.00 | 70.50 | 1.048 times |
| 01 Thu Aug 2024 | 72.23 | 73.50 | 74.20 | 71.97 | 1.008 times |
| 31 Wed Jul 2024 | 73.28 | 72.01 | 74.75 | 72.01 | 0.779 times |
| 30 Tue Jul 2024 | 73.12 | 70.50 | 73.12 | 70.50 | 1.038 times |
| 29 Mon Jul 2024 | 69.64 | 65.35 | 70.44 | 65.35 | 1.653 times |
| 26 Fri Jul 2024 | 67.09 | 66.00 | 68.00 | 66.00 | 0.35 times |
| 25 Thu Jul 2024 | 66.50 | 67.58 | 68.36 | 66.03 | 0.756 times |
| 24 Wed Jul 2024 | 67.02 | 68.59 | 68.59 | 66.66 | 1.51 times |
| 23 Tue Jul 2024 | 66.94 | 67.56 | 68.41 | 63.99 | 0.829 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 67 as stoploss in an intra day buy trade for a target of 69.17. However, stock will show a bearish move below 67.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 59.04 |
| Downside Target | 63.64 |
| Downside Target | 65.35 |
| Upside Target | 68.79 |
| Upside Target | 72.15 |
| Upside Target | 72.64 |
| Upside Target | 74.20 |
| Upside Target | 74.75 |
| Upside Target | 75.00 |
| Upside Target | 77.37 |
| Upside Target | 93.80 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 65.67 |
| Downside Intraday Target | 63.91 |
| Upside Intraday Target | 70.91 |
| Upside Intraday Target | 74.39 |
| Upside Intraday Target | 69.15 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 67.42 | 72.64 | 72.64 | 67.40 | 0.133 times |
| 02 Fri Aug 2024 | 70.94 | 65.35 | 74.75 | 65.35 | 1.236 times |
| 26 Fri Jul 2024 | 67.09 | 67.00 | 68.79 | 63.99 | 0.846 times |
| 19 Fri Jul 2024 | 66.33 | 72.15 | 72.15 | 66.01 | 1.228 times |
| 12 Fri Jul 2024 | 70.74 | 74.70 | 75.00 | 67.01 | 0.266 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 |
| 05 Mon Aug 2024 | 67.42 | 73.50 | 74.20 | 67.40 | 0.083 times |
| 31 Wed Jul 2024 | 73.28 | 65.00 | 75.00 | 63.99 | 1.828 times |
| 28 Fri Jun 2024 | 64.51 | 69.62 | 69.94 | 59.04 | 0.594 times |
| 31 Fri May 2024 | 66.61 | 73.01 | 77.37 | 63.64 | 0.78 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 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 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 gaining momentum.
MACD generated a BUY signal for Megasoft in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 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 69.57 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Megasoft in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 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 69.57 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.
Click here for Megasoft charts
Click here for further forecast and predictions for tomorrow