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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)

10 day averaged volume of Megrisoft is 28

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 115.55 121.75 121.75 115.55 5.25 times
20 Fri May 2022 121.60 116.00 121.60 116.00 2.107 times
19 Thu May 2022 121.60 121.85 121.85 112.10 0.429 times
18 Wed May 2022 118.00 122.90 122.90 118.00 0.107 times
17 Tue May 2022 120.50 121.00 121.00 120.50 0.071 times
16 Mon May 2022 121.40 121.40 121.40 121.40 0.107 times
13 Fri May 2022 121.40 121.40 121.40 121.40 0.036 times
12 Thu May 2022 121.40 120.05 121.75 114.05 2.643 times
11 Wed May 2022 120.05 123.70 123.70 114.85 2.429 times
10 Tue May 2022 120.85 121.00 121.00 120.80 0.929 times

Stock of Megrisoft (Megrisoft) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 116.7, but if it comes above 116.7, then a intra day buy could be more profitable.
If you take a sell trade below 116.7, then use 116.7 as stoploss and 108.8 as target. However if you take a buy trade in stock , then use 116.7 as stoploss and 123.18 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 103.00
Downside Target 108.15
Downside Target 112.10
Upside Target 121.75
Upside Target 127.50
Upside Target 131.95
Upside Target 139.75
Upside Target 148.95
Upside Target 162.40
Upside Target 167.75
Upside Target 173.00
Upside Target 183.00

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 113.48
Downside Intraday Target 111.42
Upside Intraday Target 119.68
Upside Intraday Target 123.82
Upside Intraday Target 117.62

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 115.55 121.75 121.75 115.55 1.861 times
20 Fri May 2022 121.60 121.40 122.90 112.10 0.399 times
13 Fri May 2022 121.40 117.60 123.70 114.05 0.162 times
06 Fri May 2022 117.60 131.95 131.95 108.15 1.264 times
29 Fri Apr 2022 131.75 127.60 139.75 127.50 0.572 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
23 Mon May 2022 115.55 131.95 131.95 108.15 0.328 times
29 Fri Apr 2022 131.75 148.00 162.40 127.50 0.804 times
31 Thu Mar 2022 147.05 130.00 167.75 103.00 0.63 times
28 Mon Feb 2022 119.45 158.00 173.00 115.20 0.936 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 5, 30, 69 Sell
MACD -10, -11Buy
Stochastics 66None
CCI -149Sell
RSI 43Sell
OBV -865Sell
VWAP 119Sell
ADL 0Sell
ROC -2Sell
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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Megrisoft in short term but the buy 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 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 118.96 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 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

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Daily chart

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