(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 2022-04-28 View latest technical analysis
10 day averaged volume of Megrisoft is 298
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Apr 2022 | 132.60 | 139.75 | 139.75 | 128.50 | 0.779 times |
| 27 Wed Apr 2022 | 135.25 | 127.50 | 136.95 | 127.50 | 0.356 times |
| 26 Tue Apr 2022 | 134.15 | 136.45 | 136.45 | 127.85 | 0.134 times |
| 25 Mon Apr 2022 | 134.40 | 127.60 | 137.50 | 127.60 | 1.695 times |
| 22 Fri Apr 2022 | 134.30 | 136.70 | 138.85 | 129.90 | 1.775 times |
| 21 Thu Apr 2022 | 136.70 | 138.00 | 139.95 | 131.20 | 0.409 times |
| 20 Wed Apr 2022 | 137.80 | 139.95 | 139.95 | 129.50 | 0.245 times |
| 19 Tue Apr 2022 | 136.20 | 140.50 | 144.85 | 133.50 | 2.664 times |
| 18 Mon Apr 2022 | 140.50 | 151.50 | 151.50 | 140.50 | 0.57 times |
| 13 Wed Apr 2022 | 147.85 | 156.45 | 156.45 | 141.65 | 1.128 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 136, but if it comes above 136, then a intra day buy could be more profitable.
If you take a sell trade below 136, then use 136 as stoploss and 127.4 as target. However if you take a buy trade in stock , then use 136 as stoploss and 143.07 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 103.00 |
| Downside Target | 115.20 |
| Downside Target | 127.50 |
| 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 | 126.82 |
| Downside Intraday Target | 121.03 |
| Upside Intraday Target | 139.07 |
| Upside Intraday Target | 145.53 |
| Upside Intraday Target | 133.28 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Apr 2022 | 132.60 | 127.60 | 139.75 | 127.50 | 0.523 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 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 |
| 28 Thu Apr 2022 | 132.60 | 148.00 | 162.40 | 127.50 | 0.791 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 | 11, 12, 8 | Sell |
| MACD | -6, -5 | Sell |
| Stochastics | 22 | Sell |
| CCI | -56 | Buy |
| RSI | 38 | Sell |
| OBV | -1663 | Sell |
| VWAP | 137 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 SELL. Signal strength is Weak and stock is losing 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 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
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 136.85 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.
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