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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 2022-11-18 View latest technical analysis

10 day averaged volume of Megrisoft is 543

Date Daily Closing Price Open High Low Volume
18 Fri Nov 2022 122.90 127.00 127.00 112.00 0.597 times
17 Thu Nov 2022 116.55 121.95 121.95 110.05 0.392 times
16 Wed Nov 2022 111.40 120.00 120.00 106.20 1.317 times
15 Tue Nov 2022 114.00 116.05 116.05 108.00 0.333 times
14 Mon Nov 2022 111.25 117.00 117.00 106.10 0.517 times
11 Fri Nov 2022 107.45 112.85 114.00 103.15 2.529 times
10 Thu Nov 2022 103.65 103.30 112.95 97.00 1.871 times
09 Wed Nov 2022 104.80 114.95 115.00 103.25 2.486 times
07 Mon Nov 2022 114.70 115.00 115.00 114.70 0.041 times
04 Fri Nov 2022 114.40 118.50 118.50 107.00 0.153 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 122.1, but if it comes below 122.1, then a intra day sell could be more profitable.
If you take a sell trade below 122.1, then use 122.1 as stoploss and 115.92 as target. However if you take a buy trade in stock , then use 122.1 as stoploss and 129.5 as target.

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 110.33
Downside Intraday Target 97.77
Upside Intraday Target 131.23
Upside Intraday Target 139.57
Downside Intraday Target 118.67

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
18 Fri Nov 2022 122.90 117.00 127.00 106.10 0.456 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
18 Fri Nov 2022 122.90 118.60 127.00 97.00 2.045 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 13, 13, 1 Buy
MACD -6, -8Buy
Stochastics 70None
CCI 166Buy
RSI 48Sell
OBV -1253Sell
VWAP 108Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 BUY. Signal strength is Weak 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. Bulls are getting stronger in this stock.

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 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 108.41 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.

Click here for Megrisoft charts

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Daily charts

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Daily chart

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