(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)
10 day averaged volume of Megrisoft is 152
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 84.20 | 87.99 | 87.99 | 83.05 | 0.553 times |
| 30 Thu Nov 2023 | 83.00 | 82.25 | 88.00 | 82.25 | 1.73 times |
| 29 Wed Nov 2023 | 83.13 | 84.00 | 84.00 | 83.13 | 2.125 times |
| 28 Tue Nov 2023 | 83.19 | 85.66 | 89.00 | 83.00 | 1.118 times |
| 24 Fri Nov 2023 | 87.85 | 87.85 | 87.85 | 87.85 | 0.046 times |
| 23 Thu Nov 2023 | 88.99 | 86.00 | 89.00 | 86.00 | 0.118 times |
| 22 Wed Nov 2023 | 84.00 | 87.00 | 87.00 | 82.63 | 0.401 times |
| 21 Tue Nov 2023 | 87.87 | 86.90 | 87.95 | 86.90 | 1.303 times |
| 20 Mon Nov 2023 | 86.90 | 82.25 | 87.00 | 82.25 | 1.743 times |
| 17 Fri Nov 2023 | 85.90 | 87.00 | 87.00 | 83.00 | 0.513 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84.3, but if it comes above 84.3, then a intra day buy could be more profitable.
If you take a sell trade below 84.3, then use 84.3 as stoploss and 81.7 as target. However if you take a buy trade in stock , then use 84.3 as stoploss and 86.4 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 80.00 |
| Upside Target | 87.99 |
| Upside Target | 89.00 |
| Upside Target | 89.90 |
| Upside Target | 90.00 |
| Upside Target | 94.00 |
| Upside Target | 99.45 |
| Upside Target | 105.60 |
| Upside Target | 109.85 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 81.3 |
| Downside Intraday Target | 78.4 |
| Upside Intraday Target | 88.05 |
| Upside Intraday Target | 91.9 |
| Upside Intraday Target | 85.15 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 84.20 | 85.66 | 89.00 | 82.25 | 1.53 times |
| 24 Fri Nov 2023 | 87.85 | 82.25 | 89.00 | 82.25 | 0.559 times |
| 17 Fri Nov 2023 | 85.90 | 89.00 | 89.90 | 82.00 | 0.547 times |
| 10 Fri Nov 2023 | 88.28 | 89.90 | 90.00 | 81.00 | 0.626 times |
| 03 Fri Nov 2023 | 87.46 | 84.67 | 89.90 | 80.00 | 0.97 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 |
| 01 Fri Dec 2023 | 84.20 | 87.99 | 87.99 | 83.05 | 0.02 times |
| 30 Thu Nov 2023 | 83.00 | 86.65 | 90.00 | 81.00 | 0.422 times |
| 31 Tue Oct 2023 | 81.68 | 95.00 | 99.45 | 80.00 | 1.606 times |
| 29 Fri Sep 2023 | 94.80 | 99.99 | 105.60 | 88.40 | 0.604 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.
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 84.77 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.
Megrisoft Stock has given negative 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.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.
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 84.77 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.
Megrisoft Stock has given negative 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.
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