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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 2021-04-29 View latest technical analysis

10 day averaged volume of Megrisoft is 75

Date Daily Closing Price Open High Low Volume
29 Thu Apr 2021 33.50 35.00 35.00 33.50 1.467 times
28 Wed Apr 2021 35.00 36.75 36.75 35.00 0.427 times
27 Tue Apr 2021 36.75 36.75 36.75 36.75 0.067 times
26 Mon Apr 2021 38.50 38.50 38.50 38.50 1.467 times
23 Fri Apr 2021 38.50 36.75 38.55 36.75 7.013 times
22 Thu Apr 2021 38.65 38.65 38.65 38.65 0.08 times
19 Mon Apr 2021 40.65 40.65 40.65 40.65 0.013 times
15 Thu Apr 2021 42.75 42.75 42.75 42.75 0.733 times
13 Tue Apr 2021 44.95 44.95 44.95 44.95 0.04 times
12 Mon Apr 2021 47.30 47.30 47.30 47.30 0.053 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 32.9, for a target of 38.7 or 43.47

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
Upside Target 35.00
Upside Target 36.75
Upside Target 38.50
Upside Target 40.65
Upside Target 42.75
Upside Target 46.50
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 31.83
Downside Intraday Target 30.17
Upside Intraday Target 36.83
Upside Intraday Target 40.17
Upside Intraday Target 35.17

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
29 Thu Apr 2021 33.50 38.50 38.50 33.50 0.482 times
23 Fri Apr 2021 38.50 40.65 40.65 36.75 8.597 times
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

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
29 Thu Apr 2021 33.50 47.45 47.45 33.50 0.531 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 16, 83, 68 Sell
MACD 1, 4Sell
Stochastics 0Sell
CCI -113Sell
RSI 46Sell
OBV -529Sell
VWAP 38Sell
ADL 0Sell
ROC -29Sell
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 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 mid to longer 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.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is gaining 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megrisoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.05 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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