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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 2022-11-23 View latest technical analysis

10 day averaged volume of Megrisoft is 936

Date Daily Closing Price Open High Low Volume
23 Wed Nov 2022 126.95 129.90 129.90 116.50 0.594 times
22 Tue Nov 2022 129.20 130.00 139.60 123.00 0.953 times
21 Mon Nov 2022 135.15 135.05 135.15 121.90 3.224 times
18 Fri Nov 2022 122.90 127.00 127.00 112.00 0.346 times
17 Thu Nov 2022 116.55 121.95 121.95 110.05 0.228 times
16 Wed Nov 2022 111.40 120.00 120.00 106.20 0.764 times
15 Tue Nov 2022 114.00 116.05 116.05 108.00 0.193 times
14 Mon Nov 2022 111.25 117.00 117.00 106.10 0.3 times
11 Fri Nov 2022 107.45 112.85 114.00 103.15 1.467 times
10 Thu Nov 2022 103.65 103.30 112.95 97.00 1.085 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.3, but if it comes below 125.3, then a intra day sell could be more profitable.
If you take a sell trade below 125.3, then use 125.3 as stoploss and 117.3 as target. However if you take a buy trade in stock , then use 125.3 as stoploss and 134.9 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 97.00
Downside Target 105.50
Downside Target 110.00
Downside Target 126.00
Upside Target 127.00
Upside Target 129.00
Upside Target 135.00
Upside Target 139.60
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 115.77
Downside Intraday Target 104.58
Upside Intraday Target 138.87
Upside Intraday Target 150.78
Upside Intraday Target 127.68

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
23 Wed Nov 2022 126.95 135.05 139.60 116.50 2.606 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
23 Wed Nov 2022 126.95 118.60 139.60 97.00 3.102 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 18, 14, 11 Buy
MACD -1, -4Buy
Stochastics 82Buy
CCI 64Sell
RSI 53Buy
OBV 447Sell
VWAP 122Buy
ADL 0Sell
ROC 21Buy
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Megrisoft in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling 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 121.69 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

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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