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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 2022-04-13 View latest technical analysis

10 day averaged volume of Megrisoft is 263

Date Daily Closing Price Open High Low Volume
13 Wed Apr 2022 147.85 156.45 156.45 141.65 1.278 times
12 Tue Apr 2022 149.10 155.85 155.85 141.60 1.156 times
11 Mon Apr 2022 149.00 148.55 150.00 141.25 1.692 times
08 Fri Apr 2022 148.55 152.00 152.00 139.55 1.03 times
07 Thu Apr 2022 146.10 146.00 149.95 138.75 0.65 times
06 Wed Apr 2022 146.00 145.75 151.65 145.75 1.802 times
05 Tue Apr 2022 153.40 162.40 162.40 147.15 1.034 times
04 Mon Apr 2022 154.85 158.00 158.00 150.50 0.171 times
01 Fri Apr 2022 151.55 148.00 153.95 148.00 0.183 times
31 Thu Mar 2022 147.05 149.00 149.00 140.00 0.198 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 146.9 as stoploss in an intra day buy trade for a target of 152.41. However, stock will show a bearish move below 146.9.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 103.00
Downside Target 115.20
Downside Target 129.95
Downside Target 138.75
Upside Target 148.95
Upside Target 156.45
Upside Target 160.00
Upside Target 162.40
Upside Target 167.75
Upside Target 173.00
Upside Target 183.00
Upside Target 187.95

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 140.58
Downside Intraday Target 133.32
Upside Intraday Target 155.78
Upside Intraday Target 163.72
Upside Intraday Target 148.52

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
13 Wed Apr 2022 147.85 148.55 156.45 141.25 0.88 times
08 Fri Apr 2022 148.55 158.00 162.40 138.75 1.278 times
01 Fri Apr 2022 151.55 160.00 160.00 140.00 0.621 times
25 Fri Mar 2022 153.85 160.25 167.75 149.30 0.72 times
17 Thu Mar 2022 157.10 142.95 160.65 129.95 2.703 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
13 Wed Apr 2022 147.85 148.00 162.40 138.75 0.379 times
31 Thu Mar 2022 147.05 130.00 167.75 103.00 0.63 times
28 Mon Feb 2022 119.45 158.00 173.00 115.20 0.936 times
31 Mon Jan 2022 155.35 180.00 183.00 148.95 1.139 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 17, 10, 24 Buy
MACD 1, 2Sell
Stochastics 42None
CCI -6Sell
RSI 37Sell
OBV 1922Sell
VWAP 149Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

ADX buy sell signal for Megrisoft stock for short term is BUY. 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megrisoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.62 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 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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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