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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 2022-04-25 View latest technical analysis

10 day averaged volume of Megrisoft is 322

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 134.40 127.60 137.50 127.60 1.568 times
22 Fri Apr 2022 134.30 136.70 138.85 129.90 1.643 times
21 Thu Apr 2022 136.70 138.00 139.95 131.20 0.379 times
20 Wed Apr 2022 137.80 139.95 139.95 129.50 0.227 times
19 Tue Apr 2022 136.20 140.50 144.85 133.50 2.466 times
18 Mon Apr 2022 140.50 151.50 151.50 140.50 0.528 times
13 Wed Apr 2022 147.85 156.45 156.45 141.65 1.043 times
12 Tue Apr 2022 149.10 155.85 155.85 141.60 0.944 times
11 Mon Apr 2022 149.00 148.55 150.00 141.25 1.382 times
08 Fri Apr 2022 148.55 152.00 152.00 139.55 0.842 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 139.1, but if it comes above 139.1, then a intra day buy could be more profitable.
If you take a sell trade below 139.1, then use 139.1 as stoploss and 131.4 as target. However if you take a buy trade in stock , then use 139.1 as stoploss and 145.61 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 103.00
Downside Target 115.20
Downside Target 127.60
Upside Target 137.50
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 128.83
Downside Intraday Target 123.27
Upside Intraday Target 138.73
Upside Intraday Target 143.07
Downside Intraday Target 133.17

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 134.40 127.60 137.50 127.60 0.299 times
22 Fri Apr 2022 134.30 151.50 151.50 129.50 1.556 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

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
25 Mon Apr 2022 134.40 148.00 162.40 127.60 0.73 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 10, 17, 25 Sell
MACD -5, -3Sell
Stochastics 23Sell
CCI -93Sell
RSI 36Sell
OBV -1080Sell
VWAP 141Sell
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

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 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 140.67 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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