(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 231
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 107.15 | 110.50 | 110.50 | 103.00 | 0.238 times |
| 23 Thu Mar 2023 | 103.25 | 112.00 | 112.00 | 96.85 | 0.273 times |
| 22 Wed Mar 2023 | 108.40 | 111.75 | 111.75 | 100.00 | 5.797 times |
| 21 Tue Mar 2023 | 104.30 | 111.50 | 111.50 | 103.00 | 0.277 times |
| 20 Mon Mar 2023 | 109.85 | 112.00 | 112.00 | 99.05 | 0.32 times |
| 17 Fri Mar 2023 | 112.45 | 113.00 | 113.00 | 112.45 | 0.117 times |
| 16 Thu Mar 2023 | 110.85 | 117.95 | 117.95 | 103.25 | 0.429 times |
| 15 Wed Mar 2023 | 110.85 | 111.00 | 111.00 | 100.20 | 1.433 times |
| 14 Tue Mar 2023 | 109.10 | 112.75 | 112.75 | 104.00 | 0.649 times |
| 13 Mon Mar 2023 | 107.85 | 113.00 | 113.45 | 101.25 | 0.584 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 106.6 as stoploss in an intra day buy trade for a target of 109.52. However, stock will show a bearish move below 106.6.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 96.85 |
| Downside Target | 100.00 |
| Upside Target | 112.00 |
| Upside Target | 114.50 |
| Upside Target | 117.00 |
| Upside Target | 117.95 |
| 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 | 98.67 |
| Downside Intraday Target | 90.18 |
| Upside Intraday Target | 113.82 |
| Upside Intraday Target | 120.48 |
| Downside Intraday Target | 105.33 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 107.15 | 112.00 | 112.00 | 96.85 | 2.15 times |
| 17 Fri Mar 2023 | 112.45 | 113.00 | 117.95 | 100.20 | 0.267 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 |
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 |
| 24 Fri Mar 2023 | 107.15 | 113.75 | 117.95 | 96.85 | 1.31 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 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 7, 33, 66 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 43 | None |
| CCI | -34 | Buy |
| RSI | 47 | Sell |
| OBV | -1429 | Sell |
| VWAP | 109 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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 red color and prices are in or above 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 but selling 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 108.68 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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