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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 2022-04-28 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, -5Sell
Stochastics 22Sell
CCI -56Buy
RSI 38Sell
OBV -1663Sell
VWAP 137Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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