(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, -7 | Buy |
| Stochastics | 86 | Buy |
| CCI | 211 | Buy |
| RSI | 53 | Buy |
| OBV | 1727 | Sell |
| VWAP | 118 | Buy |
| ADL | 0 | Sell |
| ROC | 18 | Buy |
| Force Index | 0 | Sell |
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.
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