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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 2022-11-09 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, -8Sell
Stochastics 30Sell
CCI -178Sell
RSI 40Sell
OBV -2793Sell
VWAP 115Sell
ADL 0Sell
ROC -11Sell
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 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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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