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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 2022-08-04 View latest technical analysis

10 day averaged volume of Megrisoft is 196

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 142.20 147.20 147.20 133.85 4.704 times
03 Wed Aug 2022 140.85 141.45 141.45 140.85 0.128 times
02 Tue Aug 2022 141.45 143.20 143.20 130.20 1.01 times
01 Mon Aug 2022 136.90 141.00 141.00 129.00 0.679 times
29 Fri Jul 2022 134.70 135.00 135.00 122.55 0.821 times
28 Thu Jul 2022 128.95 117.10 129.25 117.10 1.301 times
27 Wed Jul 2022 123.25 132.00 132.00 123.25 0.276 times
26 Tue Jul 2022 129.70 136.50 136.50 129.70 1.429 times
25 Mon Jul 2022 136.50 141.15 141.15 133.90 1.852 times
22 Fri Jul 2022 140.90 140.95 145.00 133.30 1.01 times

Stock of Megrisoft (Megrisoft) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 139.7, but if it comes below 139.7, then a intra day sell could be more profitable.
If you take a sell trade below 139.7, then use 139.7 as stoploss and 129.79 as target. However if you take a buy trade in stock , then use 139.7 as stoploss and 151.5 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 78.05
Downside Target 96.05
Downside Target 98.60
Downside Target 104.00
Downside Target 107.50
Downside Target 113.50
Downside Target 117.10
Downside Target 121.40
Downside Target 127.50
Downside Target 131.95
Downside Target 141.15
Upside Target 145.00
Upside Target 147.20
Upside Target 162.40

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 131.73
Downside Intraday Target 121.27
Upside Intraday Target 149.93
Upside Intraday Target 157.67
Downside Intraday Target 139.47

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 142.20 141.00 147.20 129.00 1.148 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
04 Thu Aug 2022 142.20 141.00 147.20 129.00 0.184 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 21, 18, 8 Buy
MACD 14, 13Buy
Stochastics 85Buy
CCI 86Buy
RSI 55Buy
OBV 3562Sell
VWAP 137Buy
ADL 0Sell
ROC 2Buy
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 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 Weak and stock is losing 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 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 137.44 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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