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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 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, -5Sell
Stochastics 30None
CCI -91Sell
RSI 53Buy
OBV -3047Sell
VWAP 167Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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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Daily charts

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Daily chart

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