(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, 1 | Buy |
| Stochastics | 38 | None |
| CCI | -32 | Buy |
| RSI | 48 | Sell |
| OBV | 11688 | Sell |
| VWAP | 119 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | 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 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.
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