(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 2022-08-01 View latest technical analysis
10 day averaged volume of Megrisoft is 353
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||136.90||141.00||141.00||129.00||0.377 times|
|29 Fri Jul 2022||134.70||135.00||135.00||122.55||0.456 times|
|28 Thu Jul 2022||128.95||117.10||129.25||117.10||0.722 times|
|27 Wed Jul 2022||123.25||132.00||132.00||123.25||0.153 times|
|26 Tue Jul 2022||129.70||136.50||136.50||129.70||0.793 times|
|25 Mon Jul 2022||136.50||141.15||141.15||133.90||1.028 times|
|22 Fri Jul 2022||140.90||140.95||145.00||133.30||0.561 times|
|21 Thu Jul 2022||138.90||141.50||141.50||131.30||0.827 times|
|20 Wed Jul 2022||134.85||134.60||137.15||124.15||2.745 times|
|19 Tue Jul 2022||130.65||137.95||137.95||126.30||2.513 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 136, but if it comes below 136, then a intra day sell could be more profitable.
If you take a sell trade below 136, then use 136 as stoploss and 124.58 as target. However if you take a buy trade in stock , then use 136 as stoploss and 149.7 as target.
Share price targets for Megrisoft (Megrisoft)
Intraday share price targets for Megrisoft (Megrisoft)
|Downside Intraday Target||130.27|
|Downside Intraday Target||123.63|
|Upside Intraday Target||142.27|
|Upside Intraday Target||147.63|
|Downside Intraday Target||135.63|
Weekly technical analysis of Megrisoft (Megrisoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||136.90||141.00||141.00||129.00||0.119 times|
|29 Fri Jul 2022||134.70||141.15||141.15||117.10||0.46 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|
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|
|01 Mon Aug 2022||136.90||141.00||141.00||129.00||0.019 times|
|29 Fri Jul 2022||134.70||98.65||145.00||98.60||0.884 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|
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||25, 14, 28||Buy|
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 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 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 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 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 green color and prices are above the green cloud Prices appear to be moving up
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 but buying 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 133.72 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