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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 2021-09-24 View latest technical analysis

10 day averaged volume of Megrisoft is 623

Date Daily Closing Price Open High Low Volume
24 Fri Sep 2021 175.40 175.40 175.40 175.40 0.213 times
23 Thu Sep 2021 184.60 184.60 184.60 184.60 0.303 times
22 Wed Sep 2021 194.30 194.30 194.30 194.30 0.254 times
21 Tue Sep 2021 204.50 204.50 204.50 204.50 0.026 times
20 Mon Sep 2021 215.25 215.25 215.25 215.25 0.271 times
17 Fri Sep 2021 226.55 226.55 226.55 226.55 0.144 times
16 Thu Sep 2021 238.45 238.45 238.45 238.45 0.093 times
15 Wed Sep 2021 250.95 250.95 250.95 250.95 0.75 times
14 Tue Sep 2021 264.15 264.15 264.15 264.15 1.446 times
13 Mon Sep 2021 278.05 282.55 282.55 268.00 5.39 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 189, but if it comes above 189, then a intra day buy could be more profitable.
If you take a sell trade below 189, then use 189 as stoploss and 151 as target. However if you take a buy trade in stock , then use 189 as stoploss and 220.75 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 77.20
Downside Target 81.05
Downside Target 152.00
Downside Target 173.65
Upside Target 182.30
Upside 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 162.12
Downside Intraday Target 148.83
Upside Intraday Target 201.97
Upside Intraday Target 228.53
Upside Intraday Target 188.68

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
24 Fri Sep 2021 175.40 215.25 215.25 175.40 0.136 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
24 Fri Sep 2021 175.40 200.95 282.55 175.40 0.854 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 down 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 33, 59, 28 Sell
MACD 35, 52Sell
Stochastics 0Sell
CCI -113Sell
RSI 55Buy
OBV 10564Sell
VWAP 262Sell
ADL 0Sell
ROC -35Sell
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 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 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 Strong 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 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 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 262.08 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

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Daily chart

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