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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)

10 day averaged volume of Megrisoft is 722

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 116.25 125.00 125.00 102.15 1.015 times
06 Tue Dec 2022 106.35 105.00 111.25 105.00 0.215 times
05 Mon Dec 2022 110.95 110.95 110.95 110.95 0.094 times
02 Fri Dec 2022 110.95 112.00 117.60 110.95 0.878 times
01 Thu Dec 2022 112.00 123.00 123.00 110.10 2.094 times
30 Wed Nov 2022 120.65 122.00 122.00 113.65 0.317 times
29 Tue Nov 2022 120.60 128.40 128.40 113.55 2.127 times
28 Mon Nov 2022 118.80 122.00 128.50 113.20 1.186 times
25 Fri Nov 2022 121.90 118.35 125.00 114.30 0.566 times
24 Thu Nov 2022 118.35 126.80 126.80 115.00 1.753 times

My analysis of stock is bearish for shortterm, and stock might move down till 109 or till 99.6. Use a stoploss of 116.77 and if the stock hits stoploss, then it can shoot up till 124.59

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 102.15
Downside Target 106.10
Downside Target 110.00
Downside Target 113.10
Upside Target 125.00
Upside Target 128.50
Upside Target 129.00
Upside Target 135.00
Upside Target 139.60
Upside Target 176.75
Upside Target 186.50

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 103.93
Downside Intraday Target 91.62
Upside Intraday Target 126.78
Upside Intraday Target 137.32
Downside Intraday Target 114.47

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 116.25 110.95 125.00 102.15 0.201 times
02 Fri Dec 2022 110.95 122.00 128.50 110.10 0.776 times
25 Fri Nov 2022 121.90 135.05 139.60 114.30 3.583 times
18 Fri Nov 2022 122.90 117.00 127.00 106.10 0.456 times
11 Fri Nov 2022 107.45 115.00 115.00 97.00 0.999 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
07 Wed Dec 2022 116.25 123.00 125.00 102.15 0.178 times
30 Wed Nov 2022 120.65 118.60 139.60 97.00 4.118 times
31 Mon Oct 2022 113.45 131.90 135.00 110.00 0.608 times
30 Fri Sep 2022 130.00 169.10 176.75 113.10 0.897 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 20, 13, 22 Buy
MACD -5, -4Sell
Stochastics 21Sell
CCI -29Buy
RSI 50Sell
OBV -655Sell
VWAP 117Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 SELL signal for Megrisoft in short term and the sell 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 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 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 but selling 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 116.68 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Megrisoft charts

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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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