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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 2021-04-13 View latest technical analysis

10 day averaged volume of Megrisoft is 110

Date Daily Closing Price Open High Low Volume
13 Tue Apr 2021 44.95 44.95 44.95 44.95 0.027 times
12 Mon Apr 2021 47.30 47.30 47.30 47.30 0.036 times
08 Thu Apr 2021 47.30 47.30 47.30 47.30 0.064 times
07 Wed Apr 2021 47.30 47.30 47.30 47.30 0.027 times
06 Tue Apr 2021 47.35 47.40 47.40 47.35 0.527 times
05 Mon Apr 2021 47.40 47.45 47.45 47.40 1.145 times
31 Wed Mar 2021 47.40 46.50 47.40 46.50 0.8 times
30 Tue Mar 2021 46.50 46.50 46.50 46.50 0.091 times
25 Thu Mar 2021 47.35 49.00 49.20 47.35 2.864 times
24 Wed Mar 2021 48.30 48.25 48.30 48.25 4.318 times

My analysis of stock is bearish for shortterm, and stock might move down till 43.7 or till 41.2. Use a stoploss of 45.72 and if the stock hits stoploss, then it can shoot up till 47.76

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 44.00
Downside Target 44.95
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 44.17
Downside Intraday Target 43.38
Upside Intraday Target 46.52
Upside Intraday Target 48.08
Upside Intraday Target 45.73

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
13 Tue Apr 2021 44.95 47.30 47.30 44.95 0.036 times
08 Thu Apr 2021 47.30 47.45 47.45 47.30 1.98 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

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
13 Tue Apr 2021 44.95 47.45 47.45 44.95 0.102 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 58, 39, 19 Buy
MACD 8, 10Sell
Stochastics 20Sell
CCI -253Sell
RSI 57Buy
OBV 990Sell
VWAP 48Sell
ADL 0Sell
ROC -5Sell
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 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 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 Weak 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 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 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 47.76 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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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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