(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 2022-05-19 View latest technical analysis
10 day averaged volume of Megrisoft is 99
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||121.60||121.85||121.85||112.10||0.121 times|
|18 Wed May 2022||118.00||122.90||122.90||118.00||0.03 times|
|17 Tue May 2022||120.50||121.00||121.00||120.50||0.02 times|
|16 Mon May 2022||121.40||121.40||121.40||121.40||0.03 times|
|13 Fri May 2022||121.40||121.40||121.40||121.40||0.01 times|
|12 Thu May 2022||121.40||120.05||121.75||114.05||0.747 times|
|11 Wed May 2022||120.05||123.70||123.70||114.85||0.687 times|
|10 Tue May 2022||120.85||121.00||121.00||120.80||0.263 times|
|09 Mon May 2022||117.50||117.60||117.60||117.50||0.293 times|
|06 Fri May 2022||117.60||119.00||119.00||108.15||3.859 times|
My analysis of stock is bearish for shortterm, and stock might move down till 117.7 or till 109. Use a stoploss of 124.87 and if the stock hits stoploss, then it can shoot up till 132.07
Share price targets for Megrisoft (Megrisoft)
Intraday share price targets for Megrisoft (Megrisoft)
|Downside Intraday Target||114.83|
|Downside Intraday Target||108.07|
|Upside Intraday Target||125.63|
|Upside Intraday Target||129.67|
|Downside Intraday Target||118.87|
Weekly technical analysis of Megrisoft (Megrisoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||121.60||121.40||122.90||112.10||0.101 times|
|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|
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|
|19 Thu May 2022||121.60||131.95||131.95||108.15||0.287 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, 35, 68||Sell|
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Megrisoft in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 118.6 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.
Megrisoft Stock is giving positive 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.