(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 2024-09-19 View latest technical analysis
10 day averaged volume of Megasoft is 122233
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 62.77 | 64.56 | 66.85 | 59.92 | 0.957 times |
| 18 Wed Sep 2024 | 64.98 | 64.54 | 68.55 | 63.00 | 2.739 times |
| 17 Tue Sep 2024 | 62.62 | 57.50 | 62.62 | 57.24 | 1.052 times |
| 16 Mon Sep 2024 | 56.93 | 57.00 | 59.40 | 56.15 | 0.732 times |
| 13 Fri Sep 2024 | 55.05 | 55.38 | 55.70 | 54.52 | 0.127 times |
| 12 Thu Sep 2024 | 53.87 | 56.59 | 56.59 | 53.25 | 0.606 times |
| 11 Wed Sep 2024 | 53.27 | 53.95 | 54.56 | 52.57 | 0.22 times |
| 10 Tue Sep 2024 | 54.55 | 56.41 | 57.00 | 53.35 | 0.203 times |
| 09 Mon Sep 2024 | 55.30 | 57.11 | 60.50 | 54.50 | 2.337 times |
| 06 Fri Sep 2024 | 55.72 | 51.51 | 55.72 | 51.51 | 1.701 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 64, for a target of 59.5 or 55.83
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 |
| Upside Target | 63.64 |
| Upside Target | 68.55 |
| 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 | 56.43 |
| Downside Intraday Target | 50.09 |
| Upside Intraday Target | 68.83 |
| Upside Intraday Target | 74.89 |
| Downside Intraday Target | 62.49 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 62.77 | 57.00 | 68.55 | 56.15 | 1.569 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Megasoft (Megasoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 62.77 | 55.38 | 68.55 | 50.13 | 1.443 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 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 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 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 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 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 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 coming down
CCI has generated a SELL signal for Megasoft in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 59.21 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 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 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 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 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 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 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 coming down
CCI has generated a SELL signal for Megasoft in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 59.21 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.
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