(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 2023-06-07 View latest technical analysis
10 day averaged volume of Megrisoft is 548
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 101.75 | 104.80 | 104.80 | 98.50 | 2.5 times |
| 06 Tue Jun 2023 | 101.15 | 102.00 | 103.00 | 98.30 | 2.531 times |
| 05 Mon Jun 2023 | 102.05 | 112.00 | 112.00 | 97.50 | 1.294 times |
| 02 Fri Jun 2023 | 102.50 | 120.00 | 120.00 | 96.00 | 1.297 times |
| 01 Thu Jun 2023 | 101.75 | 110.00 | 110.00 | 96.00 | 1.575 times |
| 31 Wed May 2023 | 102.91 | 105.00 | 105.00 | 98.25 | 0.188 times |
| 30 Tue May 2023 | 101.88 | 94.00 | 110.00 | 94.00 | 0.394 times |
| 29 Mon May 2023 | 103.91 | 115.00 | 115.00 | 94.05 | 1.626 times |
| 26 Fri May 2023 | 104.92 | 110.00 | 110.00 | 101.50 | 0.294 times |
| 25 Thu May 2023 | 103.39 | 112.00 | 112.00 | 99.10 | 0.199 times |
Stock of Megrisoft (Megrisoft) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 98.9 or till 95.3. Use a stoploss of 101.97 and if the stock hits stoploss, then it can shoot up till 105
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 89.20 |
| Downside Target | 91.00 |
| Downside Target | 94.00 |
| Upside Target | 105.00 |
| Upside Target | 110.00 |
| Upside Target | 114.00 |
| Upside Target | 117.95 |
| Upside Target | 120.00 |
| Upside Target | 120.95 |
| Upside Target | 125.00 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 95.5 |
| Downside Intraday Target | 89.25 |
| Upside Intraday Target | 110 |
| Upside Intraday Target | 118.25 |
| Upside Intraday Target | 103.75 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 101.75 | 112.00 | 112.00 | 97.50 | 1.245 times |
| 02 Fri Jun 2023 | 102.50 | 115.00 | 120.00 | 94.00 | 1.299 times |
| 26 Fri May 2023 | 104.92 | 125.00 | 125.00 | 98.05 | 0.995 times |
| 19 Fri May 2023 | 104.38 | 105.00 | 110.00 | 91.00 | 1.865 times |
| 12 Fri May 2023 | 99.00 | 105.00 | 105.00 | 94.25 | 0.635 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 |
| 07 Wed Jun 2023 | 101.75 | 110.00 | 120.00 | 96.00 | 0.594 times |
| 31 Wed May 2023 | 102.91 | 99.80 | 125.00 | 91.00 | 0.917 times |
| 28 Fri Apr 2023 | 94.75 | 110.00 | 114.00 | 89.20 | 1.695 times |
| 31 Fri Mar 2023 | 101.80 | 113.75 | 117.95 | 96.85 | 1.338 times |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 SELL signal for Megrisoft in short term and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 102.16 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 positive
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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 SELL signal for Megrisoft in short term and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 102.16 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 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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