(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 2024-09-17 View latest technical analysis
10 day averaged volume of Megasoft is 87247
Date | Daily Closing Price | Open | High | Low | Volume |
17 Tue Sep 2024 | 62.62 | 57.50 | 62.62 | 57.24 | 1.475 times |
16 Mon Sep 2024 | 56.93 | 57.00 | 59.40 | 56.15 | 1.025 times |
13 Fri Sep 2024 | 55.05 | 55.38 | 55.70 | 54.52 | 0.178 times |
12 Thu Sep 2024 | 53.87 | 56.59 | 56.59 | 53.25 | 0.848 times |
11 Wed Sep 2024 | 53.27 | 53.95 | 54.56 | 52.57 | 0.309 times |
10 Tue Sep 2024 | 54.55 | 56.41 | 57.00 | 53.35 | 0.284 times |
09 Mon Sep 2024 | 55.30 | 57.11 | 60.50 | 54.50 | 3.274 times |
06 Fri Sep 2024 | 55.72 | 51.51 | 55.72 | 51.51 | 2.383 times |
05 Thu Sep 2024 | 50.66 | 52.50 | 52.50 | 50.13 | 0.397 times |
04 Wed Sep 2024 | 51.47 | 51.00 | 52.60 | 50.55 | 0.352 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 63, for a target of 59 or 55.61
Share price targets for Megasoft (Megasoft)
Target Type | Value |
Downside Target | 50.13 |
Downside Target | 52.57 |
Downside Target | 54.40 |
Downside Target | 56.08 |
Downside Target | 59.04 |
Downside Target | 60.50 |
Downside Target | 62.62 |
Upside Target | 63.99 |
Upside Target | 69.90 |
Upside Target | 69.94 |
Upside Target | 74.20 |
Upside Target | 75.00 |
Upside Target | 77.37 |
Intraday share price targets for Megasoft (Megasoft)
Target Type | Value |
Downside Intraday Target | 58.31 |
Downside Intraday Target | 53.99 |
Upside Intraday Target | 64.78 |
Upside Intraday Target | 66.93 |
Downside Intraday Target | 60.46 |
Weekly technical analysis of Megasoft (Megasoft)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Tue Sep 2024 | 62.62 | 57.00 | 62.62 | 56.15 | 0.511 times |
13 Fri Sep 2024 | 55.05 | 57.11 | 60.50 | 52.57 | 0.935 times |
06 Fri Sep 2024 | 55.72 | 55.38 | 56.08 | 50.13 | 1.035 times |
30 Fri Aug 2024 | 55.16 | 58.27 | 60.50 | 54.40 | 1.054 times |
23 Fri Aug 2024 | 57.13 | 68.72 | 69.90 | 56.11 | 6.644 times |
Price has moved up 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 |
17 Tue Sep 2024 | 62.62 | 55.38 | 62.62 | 50.13 | 1.024 times |
30 Fri Aug 2024 | 55.16 | 73.50 | 74.20 | 54.40 | 1.125 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 |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 moving up
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 56.08 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Megasoft ( (Megasoft) ) based on a short 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 moving up
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 56.08 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.
Click here for Megasoft charts
Click here for further forecast and predictions for tomorrow