(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 2024-08-28 View latest technical analysis
10 day averaged volume of Megasoft is 54370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 56.25 | 56.25 | 60.50 | 54.83 | 1.51 times |
| 27 Tue Aug 2024 | 55.48 | 58.00 | 58.00 | 54.43 | 0.914 times |
| 26 Mon Aug 2024 | 56.23 | 58.27 | 58.27 | 56.10 | 0.594 times |
| 23 Fri Aug 2024 | 57.13 | 61.89 | 61.89 | 56.11 | 0.847 times |
| 22 Thu Aug 2024 | 58.79 | 65.50 | 65.50 | 58.10 | 4.906 times |
| 21 Wed Aug 2024 | 64.55 | 67.10 | 67.70 | 63.45 | 0.995 times |
| 20 Tue Aug 2024 | 65.98 | 67.80 | 68.55 | 64.50 | 0.637 times |
| 19 Mon Aug 2024 | 67.80 | 68.72 | 69.90 | 65.60 | 0.311 times |
| 16 Fri Aug 2024 | 68.83 | 68.89 | 69.48 | 67.13 | 0.33 times |
| 14 Wed Aug 2024 | 67.53 | 68.90 | 69.42 | 66.89 | 0.263 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.2, but if it comes above 60.2, then a intra day buy could be more profitable.
If you take a sell trade below 60.2, then use 60.2 as stoploss and 53.4 as target. However if you take a buy trade in stock , then use 60.2 as stoploss and 65.85 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 54.43 |
| Downside Target | 56.11 |
| Upside Target | 59.04 |
| Upside Target | 60.50 |
| Upside Target | 63.64 |
| Upside Target | 69.54 |
| Upside Target | 73.00 |
| Upside Target | 73.28 |
| 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 | 53.62 |
| Downside Intraday Target | 50.99 |
| Upside Intraday Target | 59.69 |
| Upside Intraday Target | 63.13 |
| Upside Intraday Target | 57.06 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 56.25 | 58.27 | 60.50 | 54.43 | 0.392 times |
| 23 Fri Aug 2024 | 57.13 | 68.72 | 69.90 | 56.11 | 6.644 times |
| 16 Fri Aug 2024 | 68.83 | 65.11 | 73.00 | 65.11 | 0.662 times |
| 09 Fri Aug 2024 | 70.11 | 72.64 | 73.28 | 66.00 | 0.607 times |
| 02 Fri Aug 2024 | 70.94 | 65.35 | 74.75 | 65.35 | 1.236 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 |
| 28 Wed Aug 2024 | 56.25 | 73.50 | 74.20 | 54.43 | 0.835 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megasoft in short term but BUY 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 59.58 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.
Megasoft Stock has given negative 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Megasoft in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megasoft in short term but BUY 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 59.58 and Megasoft (Megasoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.
Megasoft Stock has given negative 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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