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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 2021-09-22 View latest technical analysis

10 day averaged volume of Megrisoft is 691

Date Daily Closing Price Open High Low Volume
22 Wed Sep 2021 194.30 194.30 194.30 194.30 0.229 times
21 Tue Sep 2021 204.50 204.50 204.50 204.50 0.023 times
20 Mon Sep 2021 215.25 215.25 215.25 215.25 0.245 times
17 Fri Sep 2021 226.55 226.55 226.55 226.55 0.13 times
16 Thu Sep 2021 238.45 238.45 238.45 238.45 0.084 times
15 Wed Sep 2021 250.95 250.95 250.95 250.95 0.676 times
14 Tue Sep 2021 264.15 264.15 264.15 264.15 1.304 times
13 Mon Sep 2021 278.05 282.55 282.55 268.00 4.86 times
09 Thu Sep 2021 269.10 269.10 269.10 269.10 1.185 times
08 Wed Sep 2021 256.30 256.30 256.30 256.30 0.59 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 185 as stoploss in an intra day buy trade for a target of 219.09. However, stock will show a bearish move below 185.

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 77.20
Downside Target 81.05
Downside Target 152.00
Downside Target 173.65
Downside Target 182.30
Downside Target 191.40
Upside Target 215.25
Upside Target 221.45
Upside Target 226.55
Upside Target 232.50
Upside Target 269.10
Upside Target 282.55

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 187.32
Downside Intraday Target 180.33
Upside Intraday Target 208.27
Upside Intraday Target 222.23
Upside Intraday Target 201.28

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
22 Wed Sep 2021 194.30 215.25 215.25 194.30 0.07 times
17 Fri Sep 2021 226.55 282.55 282.55 226.55 2.069 times
09 Thu Sep 2021 269.10 232.50 269.10 232.50 0.719 times
03 Fri Sep 2021 221.45 182.30 221.45 182.30 0.34 times
27 Fri Aug 2021 173.65 152.45 173.65 152.00 283.706 times

Price has moved down 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
22 Wed Sep 2021 194.30 200.95 282.55 191.40 0.825 times
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

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 40, 51, 12 Sell
MACD 49, 63Sell
Stochastics 0Sell
CCI -127Sell
RSI 57Buy
OBV 14131Sell
VWAP 267Sell
ADL 0Sell
ROC -20Sell
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

Megrisoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Megrisoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 266.67 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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