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

(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 2023-03-15 View latest technical analysis

10 day averaged volume of Megrisoft is 333

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Mar 2023	110.85	111.00	111.00	100.20	0.994 times
14 Tue Mar 2023	109.10	112.75	112.75	104.00	0.45 times
13 Mon Mar 2023	107.85	113.00	113.45	101.25	0.405 times
10 Fri Mar 2023	111.80	111.95	111.95	111.80	0.084 times
09 Thu Mar 2023	112.65	112.65	112.65	112.65	0.006 times
08 Wed Mar 2023	109.15	110.95	113.75	97.00	7.907 times
06 Mon Mar 2023	111.35	111.50	111.50	111.00	0.354 times
03 Fri Mar 2023	111.70	114.50	114.50	101.50	0.661 times
02 Thu Mar 2023	113.75	113.75	113.75	113.75	0.006 times
01 Wed Mar 2023	113.75	113.75	113.75	113.75	0.006 times

My analysis of stock is bullish for shortterm, and stock might move up till 112.9 or till 116.5. Use a stoploss of 109.88 and if this stock hits its stoploss, then it can fall down till 106.87

Share price targets for Megrisoft (Megrisoft)

Target Type	Value
Downside Target	97.00
Downside Target	100.00
Upside Target	113.45
Upside Target	114.50
Upside Target	115.00
Upside Target	117.00
Upside Target	120.95
Upside Target	137.70
Upside Target	137.95
Upside Target	139.60

Intraday share price targets for Megrisoft (Megrisoft)

Target Type	Value
Downside Intraday Target	102.88
Downside Intraday Target	94.92
Upside Intraday Target	116.13
Upside Intraday Target	121.42
Downside Intraday Target	108.17

Weekly technical analysis of Megrisoft (Megrisoft)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Mar 2023	110.85	113.00	113.45	100.20	0.222 times
10 Fri Mar 2023	111.80	111.50	113.75	97.00	10.455 times
03 Fri Mar 2023	111.70	108.60	114.50	101.50	0.33 times
24 Fri Feb 2023	108.60	113.60	117.00	98.00	1.647 times
17 Fri Feb 2023	107.00	115.00	115.00	100.00	0.214 times

Price has moved down 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
15 Wed Mar 2023	110.85	113.75	114.50	97.00	0.888 times
28 Tue Feb 2023	108.95	120.95	120.95	98.00	0.23 times
31 Tue Jan 2023	114.65	111.95	137.95	103.00	1.626 times
30 Fri Dec 2022	110.90	123.00	137.70	100.00	0.626 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megrisoft (Megrisoft)

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 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 short to mid 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.

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 SELL. 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 tired and bears are picking up momentum.

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 SELL signal for Megrisoft in short term and SELL 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 109.51 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.