(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 624
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 120.75 | 126.00 | 126.00 | 112.05 | 1.224 times |
| 08 Thu Dec 2022 | 117.05 | 117.50 | 120.90 | 110.90 | 0.176 times |
| 07 Wed Dec 2022 | 116.25 | 125.00 | 125.00 | 102.15 | 1.175 times |
| 06 Tue Dec 2022 | 106.35 | 105.00 | 111.25 | 105.00 | 0.248 times |
| 05 Mon Dec 2022 | 110.95 | 110.95 | 110.95 | 110.95 | 0.109 times |
| 02 Fri Dec 2022 | 110.95 | 112.00 | 117.60 | 110.95 | 1.016 times |
| 01 Thu Dec 2022 | 112.00 | 123.00 | 123.00 | 110.10 | 2.423 times |
| 30 Wed Nov 2022 | 120.65 | 122.00 | 122.00 | 113.65 | 0.367 times |
| 29 Tue Nov 2022 | 120.60 | 128.40 | 128.40 | 113.55 | 2.462 times |
| 28 Mon Nov 2022 | 118.80 | 122.00 | 128.50 | 113.20 | 1.372 times |
My analysis of stock is bullish for shortterm, and stock might move up till 125 or till 133.2. Use a stoploss of 118.1 and if this stock hits its stoploss, then it can fall down till 111.23
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 97.00 |
| Downside Target | 102.15 |
| Downside Target | 106.10 |
| Downside Target | 110.00 |
| Downside Target | 113.10 |
| Upside Target | 126.00 |
| Upside Target | 128.50 |
| Upside Target | 129.00 |
| Upside Target | 135.00 |
| Upside Target | 139.60 |
| Upside Target | 176.75 |
| Upside Target | 186.50 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 106.6 |
| Downside Intraday Target | 92.45 |
| Upside Intraday Target | 130.45 |
| Upside Intraday Target | 140.15 |
| Downside Intraday Target | 116.3 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 120.75 | 110.95 | 126.00 | 102.15 | 0.384 times |
| 02 Fri Dec 2022 | 110.95 | 122.00 | 128.50 | 110.10 | 0.776 times |
| 25 Fri Nov 2022 | 121.90 | 135.05 | 139.60 | 114.30 | 3.583 times |
| 18 Fri Nov 2022 | 122.90 | 117.00 | 127.00 | 106.10 | 0.456 times |
| 11 Fri Nov 2022 | 107.45 | 115.00 | 115.00 | 97.00 | 0.999 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 |
| 09 Fri Dec 2022 | 120.75 | 123.00 | 126.00 | 102.15 | 0.228 times |
| 30 Wed Nov 2022 | 120.65 | 118.60 | 139.60 | 97.00 | 4.118 times |
| 31 Mon Oct 2022 | 113.45 | 131.90 | 135.00 | 110.00 | 0.608 times |
| 30 Fri Sep 2022 | 130.00 | 169.10 | 176.75 | 113.10 | 0.897 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 | 21, 10, 33 | Buy |
| MACD | -3, -4 | Buy |
| Stochastics | 60 | None |
| CCI | 76 | Buy |
| RSI | 47 | Sell |
| OBV | 2585 | Sell |
| VWAP | 117 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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 and selling is picking up 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 116.51 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 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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