(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 2021-04-15 View latest technical analysis
10 day averaged volume of Megrisoft is 109
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||42.75||42.75||42.75||42.75||0.505 times|
|13 Tue Apr 2021||44.95||44.95||44.95||44.95||0.028 times|
|12 Mon Apr 2021||47.30||47.30||47.30||47.30||0.037 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||0.028 times|
|06 Tue Apr 2021||47.35||47.40||47.40||47.35||0.532 times|
|05 Mon Apr 2021||47.40||47.45||47.45||47.40||1.156 times|
|31 Wed Mar 2021||47.40||46.50||47.40||46.50||0.807 times|
|30 Tue Mar 2021||46.50||46.50||46.50||46.50||0.092 times|
|25 Thu Mar 2021||47.35||49.00||49.20||47.35||2.89 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.1, but if it comes above 44.1, then a intra day buy could be more profitable.
If you take a sell trade below 44.1, then use 44.1 as stoploss and 41.9 as target. However if you take a buy trade in stock , then use 44.1 as stoploss and 45.84 as target.
Share price targets for Megrisoft (Megrisoft)
Intraday share price targets for Megrisoft (Megrisoft)
|Downside Intraday Target||41.23|
|Downside Intraday Target||39.72|
|Upside Intraday Target||45.78|
|Upside Intraday Target||48.82|
|Upside Intraday Target||44.27|
Weekly technical analysis of Megrisoft (Megrisoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||42.75||47.30||47.30||42.75||0.32 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|
|15 Thu Apr 2021||42.75||47.45||47.45||42.75||0.13 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||44, 54, 10||Sell|
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. 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 46.96 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.