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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 2022-07-19 View latest technical analysis

10 day averaged volume of Megrisoft is 238

Date Daily Closing Price Open High Low Volume
19 Tue Jul 2022 130.65 137.95 137.95 126.30 3.727 times
18 Mon Jul 2022 131.70 132.20 132.20 121.40 0.307 times
15 Fri Jul 2022 126.40 125.00 128.00 116.40 1.206 times
14 Thu Jul 2022 122.50 124.95 124.95 113.90 1.097 times
13 Wed Jul 2022 119.80 119.95 119.95 112.00 1.05 times
12 Tue Jul 2022 114.55 117.30 117.30 106.40 1.336 times
11 Mon Jul 2022 111.95 114.40 114.40 104.00 1.555 times
08 Fri Jul 2022 109.15 113.50 113.50 102.90 1.181 times
07 Thu Jul 2022 108.25 109.75 109.75 99.90 0.853 times
06 Wed Jul 2022 104.55 112.30 112.30 102.05 0.992 times

Stock of Megrisoft (Megrisoft) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 132.7, for a target of 120.4 or 110.24

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 78.05
Downside Target 92.55
Downside Target 95.20
Downside Target 98.60
Downside Target 103.00
Downside Target 107.50
Downside Target 113.50
Downside Target 121.40
Downside Target 127.50
Upside Target 131.95
Upside Target 137.95
Upside Target 162.40
Upside Target 167.75

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 122.05
Downside Intraday Target 113.45
Upside Intraday Target 138.6
Upside Intraday Target 146.55
Downside Intraday Target 130

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
19 Tue Jul 2022 130.65 132.20 137.95 121.40 0.646 times
15 Fri Jul 2022 126.40 114.40 128.00 104.00 1.32 times
08 Fri Jul 2022 109.15 108.75 113.50 98.60 0.371 times
01 Fri Jul 2022 103.70 103.95 108.00 95.20 1.58 times
24 Fri Jun 2022 100.00 101.20 107.50 92.55 1.211 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 Tue Jul 2022 130.65 98.65 137.95 98.60 0.557 times
30 Thu Jun 2022 103.80 94.80 107.50 78.05 3.806 times
31 Tue May 2022 99.75 131.95 131.95 96.05 0.412 times
29 Fri Apr 2022 131.75 148.00 162.40 127.50 0.804 times

Scroll below to view daily charts

Price has moved up 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 28, 3, 78 Buy
MACD 9, 5Buy
Stochastics 91Buy
CCI 130Buy
RSI 63Buy
OBV 891Sell
VWAP 120Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megrisoft in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megrisoft Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 119.67 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 positive

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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