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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 2022-05-09 View latest technical analysis

10 day averaged volume of Megrisoft is 271

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 117.50 117.60 117.60 117.50 0.107 times
06 Fri May 2022 117.60 119.00 119.00 108.15 1.41 times
05 Thu May 2022 113.80 124.80 124.80 113.05 1.494 times
04 Wed May 2022 119.00 129.90 129.90 119.00 0.683 times
02 Mon May 2022 125.20 131.95 131.95 125.20 0.915 times
29 Fri Apr 2022 131.75 130.00 131.95 130.00 0.303 times
28 Thu Apr 2022 132.60 139.75 139.75 128.50 0.856 times
27 Wed Apr 2022 135.25 127.50 136.95 127.50 0.391 times
26 Tue Apr 2022 134.15 136.45 136.45 127.85 0.148 times
25 Mon Apr 2022 134.40 127.60 137.50 127.60 1.863 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 123.6, but if it comes above 123.6, then a intra day buy could be more profitable.
If you take a sell trade below 123.6, then use 123.6 as stoploss and 110.6 as target. However if you take a buy trade in stock , then use 123.6 as stoploss and 134.37 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 103.00
Downside Target 108.15
Downside Target 115.20
Downside Target 117.50
Upside Target 127.50
Upside Target 139.75
Upside Target 148.95
Upside Target 151.50
Upside Target 156.45
Upside Target 162.40
Upside Target 167.75
Upside Target 173.00
Upside Target 183.00

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 117.47
Downside Intraday Target 117.43
Upside Intraday Target 117.57
Upside Intraday Target 117.63
Upside Intraday Target 117.53

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 117.50 117.60 117.60 117.50 0.024 times
06 Fri May 2022 117.60 131.95 131.95 108.15 1.264 times
29 Fri Apr 2022 131.75 127.60 139.75 127.50 0.572 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

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
09 Mon May 2022 117.50 131.95 131.95 108.15 0.249 times
29 Fri Apr 2022 131.75 148.00 162.40 127.50 0.804 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

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 7, 27, 60 Sell
MACD -13, -10Sell
Stochastics 21Sell
CCI -89Buy
RSI 39Sell
OBV -1389Sell
VWAP 125Sell
ADL 0Sell
ROC -13Sell
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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 124.94 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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