(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 60
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 121.60 | 116.00 | 121.60 | 116.00 | 0.983 times |
| 19 Thu May 2022 | 121.60 | 121.85 | 121.85 | 112.10 | 0.2 times |
| 18 Wed May 2022 | 118.00 | 122.90 | 122.90 | 118.00 | 0.05 times |
| 17 Tue May 2022 | 120.50 | 121.00 | 121.00 | 120.50 | 0.033 times |
| 16 Mon May 2022 | 121.40 | 121.40 | 121.40 | 121.40 | 0.05 times |
| 13 Fri May 2022 | 121.40 | 121.40 | 121.40 | 121.40 | 0.017 times |
| 12 Thu May 2022 | 121.40 | 120.05 | 121.75 | 114.05 | 1.233 times |
| 11 Wed May 2022 | 120.05 | 123.70 | 123.70 | 114.85 | 1.133 times |
| 10 Tue May 2022 | 120.85 | 121.00 | 121.00 | 120.80 | 0.433 times |
| 09 Mon May 2022 | 117.50 | 117.60 | 117.60 | 117.50 | 0.483 times |
My analysis of stock is bearish for shortterm, and stock might move down till 117.4 or till 109.4. Use a stoploss of 124.12 and if the stock hits stoploss, then it can shoot up till 130.82
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 103.00 |
| Downside Target | 108.15 |
| Downside Target | 112.10 |
| Upside Target | 122.90 |
| Upside Target | 127.50 |
| Upside Target | 139.75 |
| Upside Target | 148.95 |
| Upside Target | 151.50 |
| 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 | 114.83 |
| Downside Intraday Target | 108.07 |
| Upside Intraday Target | 125.63 |
| Upside Intraday Target | 129.67 |
| Downside Intraday Target | 118.87 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Apr 2022 | 134.30 | 151.50 | 151.50 | 129.50 | 1.556 times |
Price has moved up 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 |
| 20 Fri May 2022 | 121.60 | 131.95 | 131.95 | 108.15 | 0.298 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 | 6, 32, 68 | Sell |
| MACD | -10, -11 | Buy |
| Stochastics | 76 | Buy |
| CCI | -7 | Buy |
| RSI | 45 | Sell |
| OBV | -840 | Sell |
| VWAP | 121 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| 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 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Megrisoft in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Megrisoft Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Megrisoft in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 120.62 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.
Megrisoft Stock is giving positive 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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