(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 2022-11-15 View latest technical analysis
10 day averaged volume of Megrisoft is 781
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 114.00 | 116.05 | 116.05 | 108.00 | 0.232 times |
| 14 Mon Nov 2022 | 111.25 | 117.00 | 117.00 | 106.10 | 0.36 times |
| 11 Fri Nov 2022 | 107.45 | 112.85 | 114.00 | 103.15 | 1.758 times |
| 10 Thu Nov 2022 | 103.65 | 103.30 | 112.95 | 97.00 | 1.301 times |
| 09 Wed Nov 2022 | 104.80 | 114.95 | 115.00 | 103.25 | 1.729 times |
| 07 Mon Nov 2022 | 114.70 | 115.00 | 115.00 | 114.70 | 0.028 times |
| 04 Fri Nov 2022 | 114.40 | 118.50 | 118.50 | 107.00 | 0.106 times |
| 03 Thu Nov 2022 | 113.80 | 123.95 | 123.95 | 105.50 | 0.245 times |
| 02 Wed Nov 2022 | 116.15 | 111.05 | 126.00 | 111.00 | 1.734 times |
| 01 Tue Nov 2022 | 120.80 | 118.60 | 124.00 | 108.05 | 1.974 times |
My analysis of stock is bearish for shortterm, and stock might move down till 110.3 or till 102.8. Use a stoploss of 116.56 and if the stock hits stoploss, then it can shoot up till 122.8
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 | 107.73 |
| Downside Intraday Target | 101.47 |
| Upside Intraday Target | 118.63 |
| Upside Intraday Target | 123.27 |
| Downside Intraday Target | 112.37 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 114.00 | 117.00 | 117.00 | 106.10 | 0.123 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 |
| 15 Tue Nov 2022 | 114.00 | 118.60 | 126.00 | 97.00 | 1.749 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, 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, 19, 48 | Sell |
| MACD | -9, -9 | Buy |
| Stochastics | 48 | None |
| CCI | 9 | Buy |
| RSI | 43 | Sell |
| OBV | -1491 | Sell |
| VWAP | 111 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Megrisoft in short term but the buy signal is initial and weak.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 111.39 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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