(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)
10 day averaged volume of Megasoft is 22728
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 23.40 | 24.00 | 24.00 | 23.25 | 0.233 times |
| 22 Wed Mar 2023 | 23.55 | 23.46 | 24.30 | 23.46 | 0.171 times |
| 21 Tue Mar 2023 | 23.63 | 23.75 | 25.50 | 23.40 | 1.315 times |
| 20 Mon Mar 2023 | 23.88 | 24.40 | 24.50 | 23.25 | 1.157 times |
| 17 Fri Mar 2023 | 24.23 | 24.00 | 24.95 | 24.00 | 0.95 times |
| 16 Thu Mar 2023 | 24.33 | 24.15 | 24.54 | 23.30 | 1.252 times |
| 15 Wed Mar 2023 | 24.95 | 26.70 | 26.75 | 24.45 | 0.609 times |
| 14 Tue Mar 2023 | 25.94 | 25.65 | 26.20 | 25.31 | 1.995 times |
| 13 Mon Mar 2023 | 26.33 | 26.97 | 27.21 | 26.00 | 0.734 times |
| 10 Fri Mar 2023 | 26.97 | 27.21 | 27.45 | 26.80 | 0.426 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.4, but if it comes above 24.4, then a intra day buy could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 22.2 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 26.2 as target.
Share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Target | 22.70 |
| Downside Target | 23.25 |
| Upside Target | 25.50 |
| Upside Target | 26.55 |
| Upside Target | 28.85 |
| Upside Target | 29.65 |
| Upside Target | 30.25 |
| Upside Target | 31.85 |
| Upside Target | 33.00 |
| Upside Target | 33.80 |
| Upside Target | 37.50 |
| Upside Target | 42.40 |
Intraday share price targets for Megasoft (Megasoft)
| Target Type | Value |
| Downside Intraday Target | 22.6 |
| Downside Intraday Target | 21.8 |
| Upside Intraday Target | 24.85 |
| Upside Intraday Target | 26.3 |
| Upside Intraday Target | 24.05 |
Weekly technical analysis of Megasoft (Megasoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 23.40 | 24.40 | 25.50 | 23.25 | 0.519 times |
| 17 Fri Mar 2023 | 24.23 | 26.97 | 27.21 | 23.30 | 1.498 times |
| 10 Fri Mar 2023 | 26.97 | 29.40 | 29.40 | 26.80 | 0.741 times |
| 03 Fri Mar 2023 | 27.55 | 28.40 | 29.65 | 26.55 | 0.479 times |
| 24 Fri Feb 2023 | 27.95 | 29.65 | 30.25 | 22.70 | 2.645 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 |
| 23 Thu Mar 2023 | 23.40 | 28.15 | 29.65 | 23.25 | 0.667 times |
| 28 Tue Feb 2023 | 29.00 | 30.00 | 33.00 | 22.70 | 1.461 times |
| 31 Tue Jan 2023 | 30.15 | 33.20 | 33.80 | 28.85 | 0.792 times |
| 30 Fri Dec 2022 | 32.80 | 37.10 | 37.50 | 29.25 | 0.589 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 29, 35 | Sell |
| MACD | -3, -3 | Sell |
| Stochastics | 6 | Sell |
| CCI | -82 | Sell |
| RSI | 64 | Buy |
| OBV | -126817 | Sell |
| VWAP | 25 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megasoft ( (Megasoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 24.82 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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