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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)

Showing technical analysis as on 2021-04-06 View latest technical analysis

10 day averaged volume of Megrisoft is 146

Date Daily Closing Price Open High Low Volume
06 Tue Apr 2021 47.35 47.40 47.40 47.35 0.397 times
05 Mon Apr 2021 47.40 47.45 47.45 47.40 0.863 times
31 Wed Mar 2021 47.40 46.50 47.40 46.50 0.603 times
30 Tue Mar 2021 46.50 46.50 46.50 46.50 0.068 times
25 Thu Mar 2021 47.35 49.00 49.20 47.35 2.158 times
24 Wed Mar 2021 48.30 48.25 48.30 48.25 3.253 times
23 Tue Mar 2021 47.40 47.40 47.40 47.40 0.103 times
22 Mon Mar 2021 46.50 46.50 46.50 46.50 0.048 times
19 Fri Mar 2021 45.65 45.65 45.65 45.65 0.068 times
16 Tue Mar 2021 44.85 44.80 44.85 44.80 0.219 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 47.9 as stoploss in an intra day sell trade for a target of 43.56. However, stock will show a bullish move above 47.9.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 12.80
Downside Target 19.45
Downside Target 20.25
Downside Target 22.90
Downside Target 25.00
Downside Target 33.40
Downside Target 35.00
Downside Target 43.20
Downside Target 45.65
Upside Target 47.40
Upside Target 47.45
Upside Target 49.20

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 47.32
Downside Intraday Target 47.28
Upside Intraday Target 47.42
Upside Intraday Target 47.48
Upside Intraday Target 47.38

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
06 Tue Apr 2021 47.35 47.45 47.45 47.35 1.878 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
06 Tue Apr 2021 47.35 47.45 47.45 47.35 0.093 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 82, 12, 75 Buy
MACD 10, 11Sell
Stochastics 63None
CCI 38Sell
RSI 61Buy
OBV 1273Sell
VWAP 48Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 to mid 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.

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 47.66 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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Daily chart

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