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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 2023-09-21 View latest technical analysis

10 day averaged volume of Megrisoft is 204

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	99.95	100.00	100.00	96.05	0.441 times
20 Wed Sep 2023	99.50	103.00	103.00	95.40	2.137 times
18 Mon Sep 2023	99.70	100.00	100.00	99.70	0.76 times
15 Fri Sep 2023	97.10	104.00	104.00	95.00	2.76 times
14 Thu Sep 2023	99.88	99.88	100.00	99.00	2.044 times
13 Wed Sep 2023	99.00	101.90	101.90	96.50	0.201 times
12 Tue Sep 2023	101.90	104.00	104.00	101.90	0.02 times
11 Mon Sep 2023	99.96	101.00	101.00	99.29	0.24 times
08 Fri Sep 2023	96.87	99.37	99.37	96.10	0.843 times
07 Thu Sep 2023	99.37	99.37	99.37	99.37	0.049 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 100.3 as stoploss in an intra day sell trade for a target of 98.87. However, stock will show a bullish move above 100.3.

Share price targets for Megrisoft (Megrisoft)

Target Type	Value
Downside Target	89.60
Downside Target	94.00
Upside Target	100.00
Upside Target	103.00
Upside Target	104.00
Upside Target	105.60
Upside Target	109.85
Upside Target	112.70
Upside Target	125.00
Upside Target	130.00

Intraday share price targets for Megrisoft (Megrisoft)

Target Type	Value
Downside Intraday Target	95.9
Downside Intraday Target	91.85
Upside Intraday Target	103.5
Upside Intraday Target	107.05
Downside Intraday Target	99.45

Weekly technical analysis of Megrisoft (Megrisoft)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	99.95	100.00	103.00	95.40	0.634 times
15 Fri Sep 2023	97.10	101.00	104.00	95.00	1.176 times
08 Fri Sep 2023	96.87	99.23	105.60	95.50	0.63 times
01 Fri Sep 2023	97.26	99.00	100.00	95.32	0.606 times
25 Fri Aug 2023	98.81	109.85	109.85	94.01	1.705 times

Price has moved up 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
21 Thu Sep 2023	99.95	99.99	105.60	95.00	0.274 times
31 Thu Aug 2023	98.60	106.70	109.85	94.00	0.469 times
31 Mon Jul 2023	99.55	112.70	112.70	89.60	0.838 times
30 Fri Jun 2023	106.20	110.00	130.00	96.00	3.126 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 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 to mid 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 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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.69 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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.