(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 2022-11-25 View latest technical analysis
10 day averaged volume of Megrisoft is 882
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 121.90 | 118.35 | 125.00 | 114.30 | 0.464 times |
| 24 Thu Nov 2022 | 118.35 | 126.80 | 126.80 | 115.00 | 1.435 times |
| 23 Wed Nov 2022 | 126.95 | 129.90 | 129.90 | 116.50 | 0.63 times |
| 22 Tue Nov 2022 | 129.20 | 130.00 | 139.60 | 123.00 | 1.011 times |
| 21 Mon Nov 2022 | 135.15 | 135.05 | 135.15 | 121.90 | 3.422 times |
| 18 Fri Nov 2022 | 122.90 | 127.00 | 127.00 | 112.00 | 0.367 times |
| 17 Thu Nov 2022 | 116.55 | 121.95 | 121.95 | 110.05 | 0.241 times |
| 16 Wed Nov 2022 | 111.40 | 120.00 | 120.00 | 106.20 | 0.811 times |
| 15 Tue Nov 2022 | 114.00 | 116.05 | 116.05 | 108.00 | 0.205 times |
| 14 Mon Nov 2022 | 111.25 | 117.00 | 117.00 | 106.10 | 0.319 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 124.8 as stoploss in an intra day sell trade for a target of 116.99. However, stock will show a bullish move above 124.8.
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 | 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 | 110.93 |
| Downside Intraday Target | 99.97 |
| Upside Intraday Target | 136.23 |
| Upside Intraday Target | 150.57 |
| Upside Intraday Target | 125.27 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 121.90 | 135.05 | 139.60 | 114.30 | 3.583 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 down 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 |
| 25 Fri Nov 2022 | 121.90 | 118.60 | 139.60 | 97.00 | 3.498 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 | 14, 13, 4 | Buy |
| MACD | -1, -3 | Buy |
| Stochastics | 53 | None |
| CCI | 5 | Buy |
| RSI | 50 | Sell |
| OBV | -357 | Sell |
| VWAP | 126 | Sell |
| ADL | 0 | Sell |
| ROC | 13 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 125.98 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. 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