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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 2022-04-21 View latest technical analysis

10 day averaged volume of Megrisoft is 331

Date Daily Closing Price Open High Low Volume
21 Thu Apr 2022 136.70 138.00 139.95 131.20 0.369 times
20 Wed Apr 2022 137.80 139.95 139.95 129.50 0.221 times
19 Tue Apr 2022 136.20 140.50 144.85 133.50 2.399 times
18 Mon Apr 2022 140.50 151.50 151.50 140.50 0.514 times
13 Wed Apr 2022 147.85 156.45 156.45 141.65 1.015 times
12 Tue Apr 2022 149.10 155.85 155.85 141.60 0.918 times
11 Mon Apr 2022 149.00 148.55 150.00 141.25 1.344 times
08 Fri Apr 2022 148.55 152.00 152.00 139.55 0.819 times
07 Thu Apr 2022 146.10 146.00 149.95 138.75 0.517 times
06 Wed Apr 2022 146.00 145.75 151.65 145.75 1.432 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 141.5, but if it comes above 141.5, then a intra day buy could be more profitable.
If you take a sell trade below 141.5, then use 141.5 as stoploss and 133.3 as target. However if you take a buy trade in stock , then use 141.5 as stoploss and 148.3 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 126.97
Downside Intraday Target 117.23
Upside Intraday Target 148.97
Upside Intraday Target 161.23
Upside Intraday Target 139.23

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
21 Thu Apr 2022 136.70 151.50 151.50 129.50 1.068 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
21 Thu Apr 2022 136.70 148.00 162.40 129.50 0.564 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 12, 16, 15 Sell
MACD -4, -1Sell
Stochastics 20Sell
CCI -122Buy
RSI 37Sell
OBV -1195Sell
VWAP 144Sell
ADL 0Sell
ROC -11Sell
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

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 weakening, and bulls are picking up momentum!

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 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 143.83 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

Click here for further forecast and predictions for tomorrow

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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