(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, -11 | Buy |
| Stochastics | 66 | None |
| CCI | -149 | Sell |
| RSI | 43 | Sell |
| OBV | -865 | Sell |
| VWAP | 119 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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.
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