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(Megrisoft) Megrisoft complete technical analysis [charts+indicators] | Buy/Sell Megrisoft | (Megrisoft) share price targets

Complete technical analysis of Megrisoft (Megrisoft) by charts plus indicators, forecast predictions and share price targets for Megrisoft (Megrisoft)

10 day averaged volume of Megrisoft is 624

Date Daily Closing Price Open High Low Volume
09 Fri Dec 2022 120.75 126.00 126.00 112.05 1.224 times
08 Thu Dec 2022 117.05 117.50 120.90 110.90 0.176 times
07 Wed Dec 2022 116.25 125.00 125.00 102.15 1.175 times
06 Tue Dec 2022 106.35 105.00 111.25 105.00 0.248 times
05 Mon Dec 2022 110.95 110.95 110.95 110.95 0.109 times
02 Fri Dec 2022 110.95 112.00 117.60 110.95 1.016 times
01 Thu Dec 2022 112.00 123.00 123.00 110.10 2.423 times
30 Wed Nov 2022 120.65 122.00 122.00 113.65 0.367 times
29 Tue Nov 2022 120.60 128.40 128.40 113.55 2.462 times
28 Mon Nov 2022 118.80 122.00 128.50 113.20 1.372 times

My analysis of stock is bullish for shortterm, and stock might move up till 125 or till 133.2. Use a stoploss of 118.1 and if this stock hits its stoploss, then it can fall down till 111.23

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 102.15
Downside Target 106.10
Downside Target 110.00
Downside Target 113.10
Upside Target 126.00
Upside Target 128.50
Upside Target 129.00
Upside Target 135.00
Upside Target 139.60
Upside Target 176.75
Upside Target 186.50

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 106.6
Downside Intraday Target 92.45
Upside Intraday Target 130.45
Upside Intraday Target 140.15
Downside Intraday Target 116.3

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
09 Fri Dec 2022 120.75 110.95 126.00 102.15 0.384 times
02 Fri Dec 2022 110.95 122.00 128.50 110.10 0.776 times
25 Fri Nov 2022 121.90 135.05 139.60 114.30 3.583 times
18 Fri Nov 2022 122.90 117.00 127.00 106.10 0.456 times
11 Fri Nov 2022 107.45 115.00 115.00 97.00 0.999 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 Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
09 Fri Dec 2022 120.75 123.00 126.00 102.15 0.228 times
30 Wed Nov 2022 120.65 118.60 139.60 97.00 4.118 times
31 Mon Oct 2022 113.45 131.90 135.00 110.00 0.608 times
30 Fri Sep 2022 130.00 169.10 176.75 113.10 0.897 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 Megrisoft (Megrisoft)

Indicator Name Indicator Value Indicator Signal
ADX 21, 10, 33 Buy
MACD -3, -4Buy
Stochastics 60None
CCI 76Buy
RSI 47Sell
OBV 2585Sell
VWAP 117Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megrisoft 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.

Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Megrisoft in short term and BUY signal is strong.

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

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 116.51 and Megrisoft (Megrisoft) 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 Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft 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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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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