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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 2022-04-20 View latest technical analysis

10 day averaged volume of Megrisoft is 328

Date Daily Closing Price Open High Low Volume
20 Wed Apr 2022 137.80 139.95 139.95 129.50 0.223 times
19 Tue Apr 2022 136.20 140.50 144.85 133.50 2.421 times
18 Mon Apr 2022 140.50 151.50 151.50 140.50 0.518 times
13 Wed Apr 2022 147.85 156.45 156.45 141.65 1.024 times
12 Tue Apr 2022 149.10 155.85 155.85 141.60 0.927 times
11 Mon Apr 2022 149.00 148.55 150.00 141.25 1.357 times
08 Fri Apr 2022 148.55 152.00 152.00 139.55 0.826 times
07 Thu Apr 2022 146.10 146.00 149.95 138.75 0.521 times
06 Wed Apr 2022 146.00 145.75 151.65 145.75 1.445 times
05 Tue Apr 2022 153.40 162.40 162.40 147.15 0.829 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 142.6, but if it comes above 142.6, then a intra day buy could be more profitable.
If you take a sell trade below 142.6, then use 142.6 as stoploss and 134.2 as target. However if you take a buy trade in stock , then use 142.6 as stoploss and 149.64 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 103.00
Downside Target 115.20
Downside Target 129.50
Upside 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 127.7
Downside Intraday Target 117.6
Upside Intraday Target 149.7
Upside Intraday Target 161.6
Upside Intraday Target 139.6

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
20 Wed Apr 2022 137.80 151.50 151.50 129.50 0.956 times
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

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
20 Wed Apr 2022 137.80 148.00 162.40 129.50 0.545 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 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 13, 17, 15 Sell
MACD -3, -0Sell
Stochastics 14Sell
CCI -169Sell
RSI 35Sell
OBV -895Sell
VWAP 145Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.

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 green color and prices are in or below the green cloud Prices appear to be moving up

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 and selling is picking up 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 144.88 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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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