(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 2022-11-03 View latest technical analysis
10 day averaged volume of Megrisoft is 406
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Thu Nov 2022||113.80||123.95||123.95||105.50||0.47 times|
|02 Wed Nov 2022||116.15||111.05||126.00||111.00||3.335 times|
|01 Tue Nov 2022||120.80||118.60||124.00||108.05||3.798 times|
|31 Mon Oct 2022||113.45||112.70||121.00||110.65||1.466 times|
|28 Fri Oct 2022||122.90||123.00||123.00||113.95||0.197 times|
|27 Thu Oct 2022||126.55||113.10||127.00||113.00||0.522 times|
|25 Tue Oct 2022||120.00||120.00||120.00||120.00||0.025 times|
|24 Mon Oct 2022||118.00||112.00||118.30||112.00||0.155 times|
|21 Fri Oct 2022||122.00||127.50||127.50||113.05||0.399 times|
|20 Thu Oct 2022||123.60||123.95||123.95||123.60||0.015 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 112.2, for a target of 116.5 or 120.06
Share price targets for Megrisoft (Megrisoft)
Intraday share price targets for Megrisoft (Megrisoft)
|Downside Intraday Target||104.2|
|Downside Intraday Target||94.6|
|Upside Intraday Target||124.7|
|Upside Intraday Target||135.6|
|Upside Intraday Target||115.1|
Weekly technical analysis of Megrisoft (Megrisoft)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Thu Nov 2022||113.80||112.70||126.00||105.50||10.088 times|
|28 Fri Oct 2022||122.90||112.00||127.00||112.00||1.299 times|
|21 Fri Oct 2022||122.00||124.00||127.50||112.05||0.124 times|
|14 Fri Oct 2022||118.40||128.95||128.95||110.00||3.136 times|
|07 Fri Oct 2022||121.80||131.90||135.00||113.15||0.792 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|
|03 Thu Nov 2022||113.80||118.60||126.00||105.50||0.73 times|
|31 Mon Oct 2022||113.45||131.90||135.00||110.00||0.608 times|
|30 Fri Sep 2022||130.00||169.10||176.75||113.10||0.897 times|
|30 Tue Aug 2022||178.00||141.00||186.50||129.00||1.113 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||7, 15, 39||Sell|
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is
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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 but selling is losing 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 118.29 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