(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, 1 | Buy |
| Stochastics | 57 | None |
| CCI | -68 | Sell |
| RSI | 46 | Sell |
| OBV | 12451 | Sell |
| VWAP | 119 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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.
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