(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 2022-11-09 View latest technical analysis
10 day averaged volume of Megrisoft is 415
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 104.80 | 114.95 | 115.00 | 103.25 | 3.253 times |
| 07 Mon Nov 2022 | 114.70 | 115.00 | 115.00 | 114.70 | 0.053 times |
| 04 Fri Nov 2022 | 114.40 | 118.50 | 118.50 | 107.00 | 0.2 times |
| 03 Thu Nov 2022 | 113.80 | 123.95 | 123.95 | 105.50 | 0.46 times |
| 02 Wed Nov 2022 | 116.15 | 111.05 | 126.00 | 111.00 | 3.263 times |
| 01 Tue Nov 2022 | 120.80 | 118.60 | 124.00 | 108.05 | 3.716 times |
| 31 Mon Oct 2022 | 113.45 | 112.70 | 121.00 | 110.65 | 1.434 times |
| 28 Fri Oct 2022 | 122.90 | 123.00 | 123.00 | 113.95 | 0.193 times |
| 27 Thu Oct 2022 | 126.55 | 113.10 | 127.00 | 113.00 | 0.511 times |
| 25 Tue Oct 2022 | 120.00 | 120.00 | 120.00 | 120.00 | 0.024 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 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 107.8, for a target of 113.6 or 118.44
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 98.60 |
| Downside Target | 103.25 |
| Upside Target | 105.50 |
| Upside Target | 110.00 |
| Upside Target | 126.00 |
| Upside Target | 127.50 |
| Upside Target | 128.95 |
| Upside Target | 129.00 |
| Upside Target | 135.00 |
| Upside Target | 145.00 |
| Upside Target | 176.75 |
| Upside Target | 186.50 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 100.37 |
| Downside Intraday Target | 95.93 |
| Upside Intraday Target | 112.12 |
| Upside Intraday Target | 119.43 |
| Upside Intraday Target | 107.68 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 104.80 | 115.00 | 115.00 | 103.25 | 0.364 times |
| 04 Fri Nov 2022 | 114.40 | 112.70 | 126.00 | 105.50 | 10.315 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 |
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 |
| 09 Wed Nov 2022 | 104.80 | 118.60 | 126.00 | 103.25 | 1.075 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 down 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 | 5, 23, 62 | Sell |
| MACD | -9, -8 | Sell |
| Stochastics | 30 | Sell |
| CCI | -178 | Sell |
| RSI | 40 | Sell |
| OBV | -2793 | Sell |
| VWAP | 115 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and selling is picking up 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 114.75 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.
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