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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 2021-08-31 View latest technical analysis

10 day averaged volume of Megrisoft is 988

Date Daily Closing Price Open High Low Volume
31 Tue Aug 2021 191.40 185.95 191.40 185.95 1.213 times
30 Mon Aug 2021 182.30 182.30 182.30 182.30 0.203 times
27 Fri Aug 2021 173.65 173.65 173.65 158.00 1.468 times
26 Thu Aug 2021 165.40 164.75 169.55 153.50 2.333 times
25 Wed Aug 2021 161.50 168.00 168.00 152.00 2.024 times
24 Tue Aug 2021 160.00 160.00 160.00 159.95 1.26 times
23 Mon Aug 2021 152.40 152.45 152.45 152.40 2.678 times
20 Fri Aug 2021 145.20 145.20 145.20 145.20 0.031 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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 204.4, for a target of 164.4 or 131.02

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 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
Downside Target 182.30
Downside Target 191.40

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 185.33
Downside Intraday Target 179.27
Upside Intraday Target 194.43
Upside Intraday Target 197.47
Downside Intraday Target 188.37

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
31 Tue Aug 2021 191.40 182.30 191.40 182.30 0.145 times
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

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
31 Tue Aug 2021 191.40 81.05 191.40 81.05 21.641 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 69, 1, 98 Buy
MACD 55, 49Buy
Stochastics 100Buy
CCI 147Buy
RSI 83Buy
OBV 11531Sell
VWAP 165Buy
ADL 0Sell
ROC 53Buy
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

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 165.12 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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