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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 2022-11-21 View latest technical analysis

10 day averaged volume of Megrisoft is 556

Date Daily Closing Price Open High Low Volume
21 Mon Nov 2022 135.15 135.05 135.15 121.90 5.428 times
18 Fri Nov 2022 122.90 127.00 127.00 112.00 0.583 times
17 Thu Nov 2022 116.55 121.95 121.95 110.05 0.383 times
16 Wed Nov 2022 111.40 120.00 120.00 106.20 1.286 times
15 Tue Nov 2022 114.00 116.05 116.05 108.00 0.326 times
14 Mon Nov 2022 111.25 117.00 117.00 106.10 0.505 times
11 Fri Nov 2022 107.45 112.85 114.00 103.15 2.469 times
10 Thu Nov 2022 103.65 103.30 112.95 97.00 1.827 times
09 Wed Nov 2022 104.80 114.95 115.00 103.25 2.428 times
07 Mon Nov 2022 114.70 115.00 115.00 114.70 0.04 times

Stock of Megrisoft (Megrisoft) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 132.5, for a target of 123.8 or 116.5

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 105.50
Downside Target 110.00
Downside Target 121.90
Downside Target 126.00
Downside Target 129.00
Downside Target 135.00
Downside Target 135.15
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 126.32
Downside Intraday Target 117.48
Upside Intraday Target 139.57
Upside Intraday Target 143.98
Downside Intraday Target 130.73

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
21 Mon Nov 2022 135.15 135.05 135.15 121.90 1.761 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
21 Mon Nov 2022 135.15 118.60 135.15 97.00 2.759 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 19, 12, 23 Buy
MACD -3, -7Buy
Stochastics 86Buy
CCI 211Buy
RSI 53Buy
OBV 1727Sell
VWAP 118Buy
ADL 0Sell
ROC 18Buy
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 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 117.85 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 positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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