(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 2022-11-14 View latest technical analysis
10 day averaged volume of Megrisoft is 761
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 111.25 | 117.00 | 117.00 | 106.10 | 0.369 times |
| 11 Fri Nov 2022 | 107.45 | 112.85 | 114.00 | 103.15 | 1.804 times |
| 10 Thu Nov 2022 | 103.65 | 103.30 | 112.95 | 97.00 | 1.335 times |
| 09 Wed Nov 2022 | 104.80 | 114.95 | 115.00 | 103.25 | 1.774 times |
| 07 Mon Nov 2022 | 114.70 | 115.00 | 115.00 | 114.70 | 0.029 times |
| 04 Fri Nov 2022 | 114.40 | 118.50 | 118.50 | 107.00 | 0.109 times |
| 03 Thu Nov 2022 | 113.80 | 123.95 | 123.95 | 105.50 | 0.251 times |
| 02 Wed Nov 2022 | 116.15 | 111.05 | 126.00 | 111.00 | 1.779 times |
| 01 Tue Nov 2022 | 120.80 | 118.60 | 124.00 | 108.05 | 2.026 times |
| 31 Mon Oct 2022 | 113.45 | 112.70 | 121.00 | 110.65 | 0.782 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 110.4 as stoploss in an intra day buy trade for a target of 116.59. However, stock will show a bearish move below 110.4.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 97.00 |
| Downside Target | 105.50 |
| Downside Target | 110.00 |
| Upside Target | 126.00 |
| Upside Target | 127.00 |
| Upside Target | 127.50 |
| 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 | 105.9 |
| Downside Intraday Target | 100.55 |
| Upside Intraday Target | 116.8 |
| Upside Intraday Target | 122.35 |
| Upside Intraday Target | 111.45 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 111.25 | 117.00 | 117.00 | 106.10 | 0.075 times |
| 11 Fri Nov 2022 | 107.45 | 115.00 | 115.00 | 97.00 | 0.999 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 |
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 |
| 14 Mon Nov 2022 | 111.25 | 118.60 | 126.00 | 97.00 | 1.706 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Megrisoft (Megrisoft)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 7, 21, 48 | Sell |
| MACD | -10, -9 | Sell |
| Stochastics | 36 | None |
| CCI | -19 | Buy |
| RSI | 44 | Sell |
| OBV | -2036 | Sell |
| VWAP | 111 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
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 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 losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 111.49 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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