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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)

10 day averaged volume of Megrisoft is 671

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 107.25 115.00 116.00 107.00 1.706 times
06 Mon Feb 2023 117.50 109.00 119.35 107.00 0.273 times
03 Fri Feb 2023 116.50 117.00 117.00 116.50 0.033 times
02 Thu Feb 2023 120.00 118.65 120.60 107.55 0.542 times
01 Wed Feb 2023 118.65 120.95 120.95 105.65 0.086 times
31 Tue Jan 2023 114.65 115.00 115.00 105.25 0.085 times
30 Mon Jan 2023 115.00 122.00 122.00 110.65 0.189 times
27 Fri Jan 2023 114.20 119.95 119.95 114.00 0.294 times
25 Wed Jan 2023 119.95 123.35 123.35 113.35 3.007 times
24 Tue Jan 2023 115.70 123.95 123.95 113.35 0.814 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 109.1, for a target of 112.8 or 115.92

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 100.00
Downside Target 103.00
Downside Target 105.25
Upside Target 110.00
Upside Target 112.50
Upside Target 119.35
Upside Target 133.80
Upside Target 135.00
Upside Target 137.70
Upside Target 137.95
Upside Target 139.60

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 103.05
Downside Intraday Target 98.85
Upside Intraday Target 115.4
Upside Intraday Target 123.55
Upside Intraday Target 111.2

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 107.25 109.00 119.35 107.00 2.115 times
03 Fri Feb 2023 116.50 122.00 122.00 105.25 0.107 times
27 Fri Jan 2023 114.20 112.50 123.95 112.50 0.705 times
20 Fri Jan 2023 118.95 116.00 137.95 107.05 6.405 times
13 Fri Jan 2023 112.35 110.00 133.80 103.00 0.665 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
07 Tue Feb 2023 107.25 120.95 120.95 105.65 0.1 times
31 Tue Jan 2023 114.65 111.95 137.95 103.00 1.626 times
30 Fri Dec 2022 110.90 123.00 137.70 100.00 0.626 times
30 Wed Nov 2022 120.65 118.60 139.60 97.00 4.118 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 15, 16, 5 Sell
MACD -0, 1Sell
Stochastics 45None
CCI -179Sell
RSI 40Sell
OBV 11267Sell
VWAP 116Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 115.81 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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