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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 2022-07-28 View latest technical analysis

10 day averaged volume of Megrisoft is 366

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 128.95 117.10 129.25 117.10 0.697 times
27 Wed Jul 2022 123.25 132.00 132.00 123.25 0.148 times
26 Tue Jul 2022 129.70 136.50 136.50 129.70 0.765 times
25 Mon Jul 2022 136.50 141.15 141.15 133.90 0.992 times
22 Fri Jul 2022 140.90 140.95 145.00 133.30 0.541 times
21 Thu Jul 2022 138.90 141.50 141.50 131.30 0.798 times
20 Wed Jul 2022 134.85 134.60 137.15 124.15 2.648 times
19 Tue Jul 2022 130.65 137.95 137.95 126.30 2.423 times
18 Mon Jul 2022 131.70 132.20 132.20 121.40 0.199 times
15 Fri Jul 2022 126.40 125.00 128.00 116.40 0.784 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 133.6 as stoploss in an intra day sell trade for a target of 121.36. However, stock will show a bullish move above 133.6.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 78.05
Downside Target 95.20
Downside Target 98.60
Downside Target 103.00
Downside Target 107.50
Downside Target 113.50
Downside Target 117.10
Downside Target 121.40
Downside Target 127.50
Upside Target 131.95
Upside Target 141.15
Upside Target 145.00
Upside Target 162.40
Upside Target 167.75

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 116.98
Downside Intraday Target 105.02
Upside Intraday Target 141.03
Upside Intraday Target 153.12
Upside Intraday Target 129.07

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 128.95 141.15 141.15 117.10 0.394 times
22 Fri Jul 2022 140.90 132.20 145.00 121.40 1.628 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

Price has moved down 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
28 Thu Jul 2022 128.95 98.65 145.00 98.60 0.864 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 18, 18, 0 Sell
MACD 11, 12Sell
Stochastics 43None
CCI -94Sell
RSI 54Buy
OBV 1922Sell
VWAP 133Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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.

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 but the sell signal is initial and weak.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 132.94 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. 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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