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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 2022-05-13 View latest technical analysis

10 day averaged volume of Megrisoft is 173

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 121.40 121.40 121.40 121.40 0.006 times
12 Thu May 2022 121.40 120.05 121.75 114.05 0.428 times
11 Wed May 2022 120.05 123.70 123.70 114.85 0.393 times
10 Tue May 2022 120.85 121.00 121.00 120.80 0.15 times
09 Mon May 2022 117.50 117.60 117.60 117.50 0.168 times
06 Fri May 2022 117.60 119.00 119.00 108.15 2.208 times
05 Thu May 2022 113.80 124.80 124.80 113.05 2.341 times
04 Wed May 2022 119.00 129.90 129.90 119.00 1.069 times
02 Mon May 2022 125.20 131.95 131.95 125.20 1.434 times
29 Fri Apr 2022 131.75 130.00 131.95 130.00 0.474 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 119.7 as stoploss in an intra day buy trade for a target of 128.92. However, stock will show a bearish move below 119.7.

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
13 Fri May 2022 121.40 117.60 123.70 114.05 0.162 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
13 Fri May 2022 121.40 131.95 131.95 108.15 0.283 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, 53 Sell
MACD -12, -12Sell
Stochastics 45None
CCI 4Buy
RSI 41Sell
OBV -1770Sell
VWAP 119Buy
ADL 0Sell
ROC -8Sell
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 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 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 losing 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 coming down

CCI has generated a buy signal for Megrisoft in short term and BUY signal is strong.

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 119.13 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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Daily charts

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Daily chart

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