(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 2021-08-27 View latest technical analysis
10 day averaged volume of Megrisoft is 835
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Aug 2021 | 173.65 | 173.65 | 173.65 | 158.00 | 1.737 times |
| 26 Thu Aug 2021 | 165.40 | 164.75 | 169.55 | 153.50 | 2.76 times |
| 25 Wed Aug 2021 | 161.50 | 168.00 | 168.00 | 152.00 | 2.395 times |
| 24 Tue Aug 2021 | 160.00 | 160.00 | 160.00 | 159.95 | 1.491 times |
| 23 Mon Aug 2021 | 152.40 | 152.45 | 152.45 | 152.40 | 3.169 times |
| 20 Fri Aug 2021 | 145.20 | 145.20 | 145.20 | 145.20 | 0.037 times |
| 18 Wed Aug 2021 | 138.30 | 138.30 | 138.30 | 138.30 | 0.001 times |
| 17 Tue Aug 2021 | 131.75 | 131.75 | 131.75 | 131.75 | 0.001 times |
| 16 Mon Aug 2021 | 125.50 | 125.50 | 125.50 | 125.50 | 0.001 times |
| 13 Fri Aug 2021 | 119.55 | 119.55 | 119.55 | 119.55 | 0.02 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 151.3, but if it comes below 151.3, then a intra day sell could be more profitable.
If you take a sell trade below 151.3, then use 151.3 as stoploss and 119.88 as target. However if you take a buy trade in stock , then use 151.3 as stoploss and 188.9 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 23.10 |
| Downside Target | 24.25 |
| Downside Target | 31.40 |
| Downside Target | 39.20 |
| Downside Target | 41.15 |
| Downside Target | 47.45 |
| Downside Target | 70.05 |
| Downside Target | 77.20 |
| Downside Target | 81.05 |
| Downside Target | 93.80 |
| Downside Target | 98.45 |
| Downside Target | 119.55 |
| Downside Target | 125.50 |
| Downside Target | 145.20 |
| Downside Target | 152.00 |
| Downside Target | 173.65 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 159.22 |
| Downside Intraday Target | 144.78 |
| Upside Intraday Target | 180.87 |
| Upside Intraday Target | 188.08 |
| Downside Intraday Target | 166.43 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Aug 2021 | 173.65 | 152.45 | 173.65 | 152.00 | 283.706 times |
| 20 Fri Aug 2021 | 145.20 | 125.50 | 145.20 | 125.50 | 0.134 times |
| 13 Fri Aug 2021 | 119.55 | 98.45 | 119.55 | 98.45 | 2.181 times |
| 06 Fri Aug 2021 | 93.80 | 81.05 | 93.80 | 81.05 | 1.055 times |
| 30 Fri Jul 2021 | 77.20 | 70.05 | 77.20 | 70.05 | 0.466 times |
Price has moved up 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 |
| 27 Fri Aug 2021 | 173.65 | 81.05 | 173.65 | 81.05 | 18.996 times |
| 30 Fri Jul 2021 | 77.20 | 41.15 | 77.20 | 41.15 | 4.681 times |
| 29 Tue Jun 2021 | 39.20 | 24.25 | 39.20 | 24.25 | 0.589 times |
| 21 Fri May 2021 | 23.10 | 31.40 | 31.40 | 23.10 | 0.167 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Megrisoft (Megrisoft)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 62, 1, 98 | Buy |
| MACD | 51, 45 | Buy |
| Stochastics | 94 | Buy |
| CCI | 102 | Buy |
| RSI | 81 | Buy |
| OBV | 10159 | Sell |
| VWAP | 161 | Buy |
| ADL | 0 | Sell |
| ROC | 52 | Buy |
| Force Index | 0 | 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
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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Megrisoft in short term and the buy signal is strong.
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 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 moving up
CCI has generated a buy signal for Megrisoft in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 161.43 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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