(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 440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Tue Jan 2022 | 153.90 | 163.00 | 163.00 | 153.90 | 0.28 times |
| 24 Mon Jan 2022 | 162.00 | 164.00 | 164.00 | 162.00 | 0.05 times |
| 21 Fri Jan 2022 | 157.00 | 160.60 | 160.60 | 152.40 | 1.018 times |
| 20 Thu Jan 2022 | 160.25 | 159.95 | 160.90 | 148.95 | 0.361 times |
| 19 Wed Jan 2022 | 156.75 | 162.95 | 162.95 | 153.15 | 0.714 times |
| 18 Tue Jan 2022 | 160.95 | 165.90 | 165.90 | 151.65 | 0.136 times |
| 17 Mon Jan 2022 | 159.25 | 169.45 | 169.45 | 155.15 | 2.166 times |
| 14 Fri Jan 2022 | 163.30 | 166.80 | 166.80 | 157.00 | 1.477 times |
| 13 Thu Jan 2022 | 165.00 | 169.90 | 169.95 | 154.50 | 0.848 times |
| 12 Wed Jan 2022 | 162.60 | 172.95 | 172.95 | 158.15 | 2.591 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 151.4, for a target of 159.1 or 165.52
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 148.95 |
| Upside Target | 164.00 |
| Upside Target | 169.45 |
| Upside Target | 172.95 |
| Upside Target | 179.50 |
| Upside Target | 183.00 |
| Upside Target | 187.95 |
| Upside Target | 200.00 |
| Upside Target | 232.00 |
| Upside Target | 282.55 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 150.53 |
| Downside Intraday Target | 147.17 |
| Upside Intraday Target | 160.63 |
| Upside Intraday Target | 167.37 |
| Upside Intraday Target | 157.27 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Tue Jan 2022 | 153.90 | 164.00 | 164.00 | 153.90 | 0.075 times |
| 21 Fri Jan 2022 | 157.00 | 169.45 | 169.45 | 148.95 | 0.485 times |
| 14 Fri Jan 2022 | 163.30 | 168.00 | 172.95 | 154.50 | 1.658 times |
| 07 Fri Jan 2022 | 168.20 | 180.00 | 183.00 | 160.55 | 1.806 times |
| 31 Fri Dec 2021 | 174.45 | 163.00 | 179.50 | 155.80 | 0.672 times |
Price has moved down 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 |
| 25 Tue Jan 2022 | 153.90 | 180.00 | 183.00 | 148.95 | 0.911 times |
| 31 Fri Dec 2021 | 174.45 | 183.00 | 187.95 | 151.65 | 0.951 times |
| 30 Tue Nov 2021 | 174.65 | 177.45 | 200.00 | 167.50 | 0.454 times |
| 29 Fri Oct 2021 | 182.95 | 202.40 | 232.00 | 166.25 | 1.724 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 | 9, 18, 32 | Sell |
| MACD | -8, -7 | Sell |
| Stochastics | 36 | None |
| CCI | -80 | Sell |
| RSI | 48 | Sell |
| OBV | -5157 | Sell |
| VWAP | 161 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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. Bears 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 coming down
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 160.77 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 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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