(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 602
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jan 2022 | 163.30 | 166.80 | 166.80 | 157.00 | 1.08 times |
| 13 Thu Jan 2022 | 165.00 | 169.90 | 169.95 | 154.50 | 0.62 times |
| 12 Wed Jan 2022 | 162.60 | 172.95 | 172.95 | 158.15 | 1.894 times |
| 11 Tue Jan 2022 | 166.45 | 170.60 | 170.60 | 156.60 | 0.473 times |
| 10 Mon Jan 2022 | 164.20 | 168.00 | 170.50 | 159.85 | 2.556 times |
| 07 Fri Jan 2022 | 168.20 | 172.00 | 172.00 | 160.55 | 0.51 times |
| 06 Thu Jan 2022 | 169.00 | 174.95 | 174.95 | 163.40 | 0.899 times |
| 05 Wed Jan 2022 | 171.95 | 183.00 | 183.00 | 166.10 | 1.078 times |
| 04 Tue Jan 2022 | 174.80 | 175.50 | 175.50 | 168.00 | 0.837 times |
| 03 Mon Jan 2022 | 175.00 | 180.00 | 180.00 | 165.75 | 0.669 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 164.3, but if it comes above 164.3, then a intra day buy could be more profitable.
If you take a sell trade below 164.3, then use 164.3 as stoploss and 159 as target. However if you take a buy trade in stock , then use 164.3 as stoploss and 168.67 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 151.65 |
| Upside Target | 166.25 |
| Upside Target | 172.95 |
| Upside Target | 177.00 |
| Upside Target | 179.50 |
| Upside Target | 183.00 |
| Upside Target | 187.95 |
| Upside Target | 200.00 |
| Upside Target | 232.00 |
| Upside Target | 282.55 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 154.22 |
| Downside Intraday Target | 145.13 |
| Upside Intraday Target | 172.67 |
| Upside Intraday Target | 182.03 |
| Upside Intraday Target | 163.58 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jan 2022 | 163.30 | 168.00 | 172.95 | 154.50 | 1.658 times |
| 07 Fri Jan 2022 | 168.20 | 180.00 | 183.00 | 160.55 | 1.806 times |
| 31 Fri Dec 2021 | 174.45 | 163.00 | 179.50 | 155.80 | 0.672 times |
| 24 Fri Dec 2021 | 163.95 | 177.00 | 177.00 | 151.65 | 0.808 times |
| 17 Fri Dec 2021 | 170.15 | 187.95 | 187.95 | 162.45 | 1.166 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Megrisoft (Megrisoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Fri Jan 2022 | 163.30 | 180.00 | 183.00 | 154.50 | 0.688 times |
| 31 Fri Dec 2021 | 174.45 | 183.00 | 187.95 | 151.65 | 0.951 times |
| 30 Tue Nov 2021 | 174.65 | 177.45 | 200.00 | 167.50 | 0.454 times |
| 29 Fri Oct 2021 | 182.95 | 202.40 | 232.00 | 166.25 | 1.724 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 Megrisoft (Megrisoft)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 10, 12, 10 | Sell |
| MACD | -6, -5 | Sell |
| Stochastics | 30 | None |
| CCI | -91 | Sell |
| RSI | 53 | Buy |
| OBV | -3047 | Sell |
| VWAP | 167 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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. Bears 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 Megrisoft 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 Megrisoft is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 166.87 and Megrisoft (Megrisoft) 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 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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