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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 9

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 32.35 32.35 32.35 32.35 1.556 times
17 Thu Jun 2021 30.85 30.85 30.85 30.85 0.444 times
16 Wed Jun 2021 29.40 29.40 29.40 29.40 0.556 times
15 Tue Jun 2021 28.00 28.00 28.00 28.00 0.667 times
14 Mon Jun 2021 26.70 26.70 26.70 26.70 0.556 times
11 Fri Jun 2021 25.45 25.45 25.45 25.45 0.556 times
10 Thu Jun 2021 24.25 24.25 24.25 24.25 4.667 times
21 Fri May 2021 23.10 23.10 23.10 23.10 0.556 times
18 Tue May 2021 24.15 25.00 25.00 24.15 0.556 times
17 Mon May 2021 25.35 25.35 25.35 25.35 0.556 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 32.5 as stoploss in an intra day sell trade for a target of 28.82. However, stock will show a bullish move above 32.5.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 22.90
Downside Target 24.25
Downside Target 25.35
Downside Target 26.60
Downside Target 27.75
Downside Target 29.05
Downside Target 31.40
Downside Target 32.35
Upside Target 33.40
Upside Target 35.00
Upside Target 47.45
Upside Target 49.20

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 28.58
Downside Intraday Target 24.82
Upside Intraday Target 34.23
Upside Intraday Target 36.12
Downside Intraday Target 30.47

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 32.35 26.70 32.35 26.70 0.723 times
11 Fri Jun 2021 25.45 24.25 25.45 24.25 3.133 times
21 Fri May 2021 23.10 25.35 25.35 23.10 0.106 times
14 Fri May 2021 26.60 27.70 27.75 26.60 3.917 times
07 Fri May 2021 29.05 31.40 31.40 29.05 0.099 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
18 Fri Jun 2021 32.35 24.25 32.35 24.25 0.422 times
21 Fri May 2021 23.10 31.40 31.40 23.10 0.167 times
30 Fri Apr 2021 32.00 47.45 47.45 32.00 0.584 times
31 Wed Mar 2021 47.40 35.00 49.20 35.00 14.079 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 60, 40, 20 Buy
MACD -3, -4Buy
Stochastics 100Buy
CCI 141Buy
RSI 49Sell
OBV -344Sell
VWAP 26Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but selling is losing 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 26.39 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 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.

Click here for Megrisoft charts

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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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