(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)
Showing technical analysis as on 2021-04-05 View latest technical analysis
10 day averaged volume of Megrisoft is 134
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Mon Apr 2021||47.40||47.45||47.45||47.40||0.94 times|
|31 Wed Mar 2021||47.40||46.50||47.40||46.50||0.657 times|
|30 Tue Mar 2021||46.50||46.50||46.50||46.50||0.075 times|
|25 Thu Mar 2021||47.35||49.00||49.20||47.35||2.351 times|
|24 Wed Mar 2021||48.30||48.25||48.30||48.25||3.545 times|
|23 Tue Mar 2021||47.40||47.40||47.40||47.40||0.112 times|
|22 Mon Mar 2021||46.50||46.50||46.50||46.50||0.052 times|
|19 Fri Mar 2021||45.65||45.65||45.65||45.65||0.075 times|
|16 Tue Mar 2021||44.85||44.80||44.85||44.80||0.239 times|
|15 Mon Mar 2021||44.80||44.85||44.85||44.00||2.828 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 47.7 as stoploss in an intra day sell trade for a target of 42.78. However, stock will show a bullish move above 47.7.
Share price targets for Megrisoft (Megrisoft)
Intraday share price targets for Megrisoft (Megrisoft)
|Downside Intraday Target||47.38|
|Downside Intraday Target||47.37|
|Upside Intraday Target||47.43|
|Upside Intraday Target||47.47|
|Upside Intraday Target||47.42|
Weekly technical analysis of Megrisoft (Megrisoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Mon Apr 2021||47.40||47.45||47.45||47.40||1.286 times|
|31 Wed Mar 2021||47.40||46.50||47.40||46.50||0.121 times|
|25 Thu Mar 2021||47.35||46.50||49.20||46.50||1.929 times|
|19 Fri Mar 2021||45.65||44.85||45.65||44.00||1.15 times|
|12 Fri Mar 2021||44.00||43.20||44.00||43.20||1.336 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|
|05 Mon Apr 2021||47.40||47.45||47.45||47.40||0.064 times|
|31 Wed Mar 2021||47.40||35.00||49.20||35.00||14.079 times|
|26 Fri Feb 2021||33.40||24.00||33.40||22.90||1 times|
|25 Mon Jan 2021||25.00||20.25||25.00||20.25||0.639 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||83, 12, 75||Buy|
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is
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
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
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 buy signal for Megrisoft in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 46.93 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 is giving positive 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.