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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 719

Date Daily Closing Price Open High Low Volume
06 Mon Feb 2023 117.50 109.00 119.35 107.00 0.255 times
03 Fri Feb 2023 116.50 117.00 117.00 116.50 0.031 times
02 Thu Feb 2023 120.00 118.65 120.60 107.55 0.506 times
01 Wed Feb 2023 118.65 120.95 120.95 105.65 0.081 times
31 Tue Jan 2023 114.65 115.00 115.00 105.25 0.079 times
30 Mon Jan 2023 115.00 122.00 122.00 110.65 0.177 times
27 Fri Jan 2023 114.20 119.95 119.95 114.00 0.274 times
25 Wed Jan 2023 119.95 123.35 123.35 113.35 2.807 times
24 Tue Jan 2023 115.70 123.95 123.95 113.35 0.759 times
23 Mon Jan 2023 119.15 112.50 123.95 112.50 4.357 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 118.8 as stoploss in an intra day sell trade for a target of 116.06. However, stock will show a bullish move above 118.8.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 100.00
Downside Target 103.00
Downside Target 105.25
Downside Target 110.00
Downside Target 112.50
Upside Target 119.35
Upside Target 133.80
Upside Target 135.00
Upside Target 137.70
Upside Target 137.95
Upside Target 139.60

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 109.88
Downside Intraday Target 102.27
Upside Intraday Target 122.23
Upside Intraday Target 126.97
Downside Intraday Target 114.62

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
06 Mon Feb 2023 117.50 109.00 119.35 107.00 0.291 times
03 Fri Feb 2023 116.50 122.00 122.00 105.25 0.107 times
27 Fri Jan 2023 114.20 112.50 123.95 112.50 0.705 times
20 Fri Jan 2023 118.95 116.00 137.95 107.05 6.405 times
13 Fri Jan 2023 112.35 110.00 133.80 103.00 0.665 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
06 Mon Feb 2023 117.50 120.95 120.95 105.65 0.035 times
31 Tue Jan 2023 114.65 111.95 137.95 103.00 1.626 times
30 Fri Dec 2022 110.90 123.00 137.70 100.00 0.626 times
30 Wed Nov 2022 120.65 118.60 139.60 97.00 4.118 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 16, 18, 5 Sell
MACD 1, 1Buy
Stochastics 57None
CCI -68Sell
RSI 46Sell
OBV 12451Sell
VWAP 119Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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

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 BUY signal for Megrisoft in short term and the buy signal is strong.

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 SELL signal for Megrisoft in short term and SELL 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 118.84 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 positive

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

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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