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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 1160

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 120.00 118.65 120.60 107.55 0.314 times
01 Wed Feb 2023 118.65 120.95 120.95 105.65 0.05 times
31 Tue Jan 2023 114.65 115.00 115.00 105.25 0.049 times
30 Mon Jan 2023 115.00 122.00 122.00 110.65 0.109 times
27 Fri Jan 2023 114.20 119.95 119.95 114.00 0.17 times
25 Wed Jan 2023 119.95 123.35 123.35 113.35 1.74 times
24 Tue Jan 2023 115.70 123.95 123.95 113.35 0.471 times
23 Mon Jan 2023 119.15 112.50 123.95 112.50 2.701 times
20 Fri Jan 2023 118.95 120.20 120.20 112.50 0.577 times
19 Thu Jan 2023 117.90 137.95 137.95 115.50 3.734 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 118.6, but if it comes below 118.6, then a intra day sell could be more profitable.
If you take a sell trade below 118.6, then use 118.6 as stoploss and 115.42 as target. However if you take a buy trade in stock , then use 118.6 as stoploss and 122.4 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 100.00
Downside Target 103.00
Downside Target 105.25
Downside Target 110.00
Downside Target 112.50
Downside Target 114.95
Upside Target 120.95
Upside Target 133.80
Upside Target 135.00
Upside Target 137.70
Upside Target 137.95
Upside Target 139.60

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 109.5
Downside Intraday Target 99
Upside Intraday Target 126.25
Upside Intraday Target 132.5
Downside Intraday Target 115.75

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 120.00 122.00 122.00 105.25 0.103 times
27 Fri Jan 2023 114.20 112.50 123.95 112.50 0.705 times
20 Fri Jan 2023 118.95 116.00 137.95 107.05 6.405 times
13 Fri Jan 2023 112.35 110.00 133.80 103.00 0.665 times
06 Fri Jan 2023 110.95 111.95 114.95 103.00 0.684 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
02 Thu Feb 2023 120.00 120.95 120.95 105.65 0.024 times
31 Tue Jan 2023 114.65 111.95 137.95 103.00 1.626 times
30 Fri Dec 2022 110.90 123.00 137.70 100.00 0.626 times
30 Wed Nov 2022 120.65 118.60 139.60 97.00 4.118 times

Scroll below to view daily charts

Price has moved up 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 19, 10, 29 Buy
MACD 1, 1Buy
Stochastics 38None
CCI -32Buy
RSI 48Sell
OBV 11688Sell
VWAP 119Buy
ADL 0Sell
ROC 4Buy
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 but BUY signal is weak.

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

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 118.52 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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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