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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 736

Date Daily Closing Price Open High Low Volume
28 Thu Oct 2021 174.95 187.75 188.05 170.15 0.355 times
27 Wed Oct 2021 179.10 179.00 188.00 170.45 0.721 times
26 Tue Oct 2021 179.40 194.25 194.25 175.75 0.652 times
25 Mon Oct 2021 185.00 185.25 185.25 176.00 0.035 times
22 Fri Oct 2021 185.25 194.95 194.95 185.25 0.262 times
21 Thu Oct 2021 194.95 200.65 200.65 185.10 0.314 times
20 Wed Oct 2021 194.80 208.70 208.70 188.90 0.923 times
19 Tue Oct 2021 198.80 187.00 204.45 185.05 2.845 times
18 Mon Oct 2021 194.75 205.00 205.00 194.75 1.228 times
14 Thu Oct 2021 205.00 204.75 208.00 198.50 1.514 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 169.2, for a target of 185.1 or 198.36

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 24.25
Downside Target 39.20
Downside Target 41.15
Downside Target 77.20
Downside Target 81.05
Downside Target 158.35
Downside Target 170.15
Upside Target 182.70
Upside Target 191.40
Upside Target 198.50
Upside Target 208.70
Upside Target 231.00
Upside Target 232.00
Upside Target 282.55

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 165.32
Downside Intraday Target 155.68
Upside Intraday Target 189.42
Upside Intraday Target 203.88
Upside Intraday Target 179.78

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
28 Thu Oct 2021 174.95 185.25 194.25 170.15 0.317 times
22 Fri Oct 2021 185.25 205.00 208.70 185.05 0.75 times
14 Thu Oct 2021 205.00 204.35 231.00 198.50 0.594 times
08 Fri Oct 2021 215.10 212.50 232.00 182.70 2.388 times
01 Fri Oct 2021 202.40 166.65 202.40 158.35 5.8 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
28 Thu Oct 2021 174.95 202.40 232.00 170.15 1.699 times
30 Thu Sep 2021 192.80 200.95 282.55 158.35 1.091 times
31 Tue Aug 2021 191.40 81.05 191.40 81.05 21.641 times
30 Fri Jul 2021 77.20 41.15 77.20 41.15 4.681 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Megrisoft (Megrisoft)

Indicator Name Indicator Value Indicator Signal
ADX 17, 23, 15 Sell
MACD -0, 6Sell
Stochastics 12Sell
CCI -104Sell
RSI 57Buy
OBV 2325Sell
VWAP 194Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.

Megrisoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 194.3 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.

Click here for Megrisoft charts

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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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