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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 416

Date Daily Closing Price Open High Low Volume
01 Fri Jul 2022 103.70 98.65 108.00 98.65 1.957 times
30 Thu Jun 2022 103.80 103.60 104.65 95.20 2.421 times
29 Wed Jun 2022 99.75 106.90 106.90 97.15 0.776 times
28 Tue Jun 2022 102.05 106.00 106.00 97.80 1.365 times
27 Mon Jun 2022 102.25 103.95 103.95 96.00 0.779 times
24 Fri Jun 2022 100.00 100.50 104.90 98.00 0.151 times
23 Thu Jun 2022 102.55 104.45 104.45 98.00 0.688 times
22 Wed Jun 2022 100.25 107.50 107.50 98.30 0.716 times
21 Tue Jun 2022 103.45 105.75 105.75 96.50 1.51 times
20 Mon Jun 2022 100.85 101.20 101.20 92.55 1.555 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 102.5, but if it comes below 102.5, then a intra day sell could be more profitable.
If you take a sell trade below 102.5, then use 102.5 as stoploss and 94.28 as target. However if you take a buy trade in stock , then use 102.5 as stoploss and 112.4 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 78.05
Downside Target 90.15
Downside Target 92.55
Downside Target 94.70
Downside Target 98.65
Downside Target 103.00
Upside Target 107.50
Upside Target 108.00
Upside Target 127.50
Upside Target 131.95
Upside Target 162.40
Upside Target 167.75

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 96.6
Downside Intraday Target 89.5
Upside Intraday Target 109.4
Upside Intraday Target 115.1
Downside Intraday Target 102.3

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
01 Fri Jul 2022 103.70 103.95 108.00 95.20 1.58 times
24 Fri Jun 2022 100.00 101.20 107.50 92.55 1.211 times
17 Fri Jun 2022 96.40 80.00 96.40 78.05 1.136 times
10 Fri Jun 2022 84.15 94.70 94.70 78.55 1.217 times
03 Fri Jun 2022 90.55 102.45 107.55 90.15 2.025 times

Price has moved up 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
01 Fri Jul 2022 103.70 98.65 108.00 98.65 0.103 times
30 Thu Jun 2022 103.80 94.80 107.50 78.05 3.183 times
31 Tue May 2022 99.75 131.95 131.95 96.05 0.493 times
29 Fri Apr 2022 131.75 148.00 162.40 127.50 0.804 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 17, 10, 25 Buy
MACD -4, -7Buy
Stochastics 74Buy
CCI 164Buy
RSI 57Buy
OBV 969Sell
VWAP 102Buy
ADL 0Sell
ROC 8Buy
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 coming down

CCI has generated a buy signal for Megrisoft in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 102.45 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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