(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 2022-05-12 View latest technical analysis
10 day averaged volume of Megrisoft is 176
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 121.40 | 120.05 | 121.75 | 114.05 | 0.42 times |
| 11 Wed May 2022 | 120.05 | 123.70 | 123.70 | 114.85 | 0.386 times |
| 10 Tue May 2022 | 120.85 | 121.00 | 121.00 | 120.80 | 0.148 times |
| 09 Mon May 2022 | 117.50 | 117.60 | 117.60 | 117.50 | 0.165 times |
| 06 Fri May 2022 | 117.60 | 119.00 | 119.00 | 108.15 | 2.17 times |
| 05 Thu May 2022 | 113.80 | 124.80 | 124.80 | 113.05 | 2.301 times |
| 04 Wed May 2022 | 119.00 | 129.90 | 129.90 | 119.00 | 1.051 times |
| 02 Mon May 2022 | 125.20 | 131.95 | 131.95 | 125.20 | 1.409 times |
| 29 Fri Apr 2022 | 131.75 | 130.00 | 131.95 | 130.00 | 0.466 times |
| 28 Thu Apr 2022 | 132.60 | 139.75 | 139.75 | 128.50 | 1.318 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 120.3 as stoploss in an intra day buy trade for a target of 130.3. However, stock will show a bearish move below 120.3.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 103.00 |
| Downside Target | 108.15 |
| Downside Target | 114.05 |
| Upside Target | 123.70 |
| 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 | 115.73 |
| Downside Intraday Target | 110.07 |
| Upside Intraday Target | 125.38 |
| Upside Intraday Target | 129.37 |
| Downside Intraday Target | 119.72 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 121.40 | 117.60 | 123.70 | 114.05 | 0.161 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 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 |
| 12 Thu May 2022 | 121.40 | 131.95 | 131.95 | 108.15 | 0.282 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 | 9, 28, 54 | Sell |
| MACD | -12, -11 | Sell |
| Stochastics | 40 | None |
| CCI | -44 | Sell |
| RSI | 41 | Sell |
| OBV | -1325 | Sell |
| VWAP | 121 | Buy |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 positive zone. This is a BUY 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 120.94 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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