(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 2024-08-08 View latest technical analysis
10 day averaged volume of Megasoft is 24308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 70.21 | 68.00 | 72.00 | 68.00 | 0.654 times |
| 07 Wed Aug 2024 | 67.59 | 69.48 | 69.48 | 66.05 | 0.71 times |
| 06 Tue Aug 2024 | 66.30 | 66.21 | 68.79 | 66.00 | 0.694 times |
| 05 Mon Aug 2024 | 67.42 | 72.64 | 72.64 | 67.40 | 0.856 times |
| 02 Fri Aug 2024 | 70.94 | 74.00 | 74.00 | 70.50 | 1.223 times |
| 01 Thu Aug 2024 | 72.23 | 73.50 | 74.20 | 71.97 | 1.177 times |
| 31 Wed Jul 2024 | 73.28 | 72.01 | 74.75 | 72.01 | 0.909 times |
| 30 Tue Jul 2024 | 73.12 | 70.50 | 73.12 | 70.50 | 1.211 times |
| 29 Mon Jul 2024 | 69.64 | 65.35 | 70.44 | 65.35 | 1.929 times |
| 26 Fri Jul 2024 | 67.09 | 66.00 | 68.00 | 66.00 | 0.409 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 71.2 as stoploss in an intra day sell trade for a target of 68.94. However, stock will show a bullish move above 71.2.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 59.04 |
| Downside Target | 63.64 |
| Downside Target | 65.35 |
| Downside 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 | 66.59 |
| Downside Intraday Target | 62.98 |
| Upside Intraday Target | 73.23 |
| Upside Intraday Target | 76.26 |
| Downside Intraday Target | 69.62 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 70.21 | 72.64 | 72.64 | 66.00 | 0.452 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 |
| 08 Thu Aug 2024 | 70.21 | 73.50 | 74.20 | 66.00 | 0.135 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Megasoft ( (Megasoft) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Megasoft stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Megasoft in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing 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 70.24 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 positive
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Megasoft ( (Megasoft) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Megasoft stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Megasoft in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing 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 70.24 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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