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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)

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, 45Buy
Stochastics 94Buy
CCI 102Buy
RSI 81Buy
OBV 10159Sell
VWAP 161Buy
ADL 0Sell
ROC 52Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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