(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, -7 | Buy |
| Stochastics | 74 | Buy |
| CCI | 164 | Buy |
| RSI | 57 | Buy |
| OBV | 969 | Sell |
| VWAP | 102 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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
Click here for further forecast and predictions for tomorrow