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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)

10 day averaged volume of Megrisoft is 23

Date Daily Closing Price Open High Low Volume
11 Fri Jun 2021 25.45 25.45 25.45 25.45 0.217 times
10 Thu Jun 2021 24.25 24.25 24.25 24.25 1.826 times
21 Fri May 2021 23.10 23.10 23.10 23.10 0.217 times
18 Tue May 2021 24.15 25.00 25.00 24.15 0.217 times
17 Mon May 2021 25.35 25.35 25.35 25.35 0.217 times
14 Fri May 2021 26.60 26.60 26.60 26.60 0.435 times
12 Wed May 2021 26.60 26.60 26.60 26.60 5 times
10 Mon May 2021 27.75 27.70 27.75 27.70 0.696 times
07 Fri May 2021 29.05 29.05 29.05 29.05 0.391 times
05 Wed May 2021 29.05 29.05 29.05 29.05 0.609 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 25.4 as stoploss in an intra day buy trade for a target of 31.41. However, stock will show a bearish move below 25.4.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 22.90
Downside Target 24.25
Downside Target 25.35
Upside Target 26.60
Upside Target 27.75
Upside Target 29.05
Upside Target 31.40
Upside Target 32.00
Upside Target 33.40
Upside Target 35.00
Upside Target 38.50
Upside Target 47.45
Upside Target 49.20

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 24.65
Downside Intraday Target 23.85
Upside Intraday Target 25.85
Upside Intraday Target 26.25
Downside Intraday Target 25.05

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
11 Fri Jun 2021 25.45 24.25 25.45 24.25 3.133 times
21 Fri May 2021 23.10 25.35 25.35 23.10 0.106 times
14 Fri May 2021 26.60 27.70 27.75 26.60 3.917 times
07 Fri May 2021 29.05 31.40 31.40 29.05 0.099 times
30 Fri Apr 2021 32.00 38.50 38.50 32.00 0.679 times

Price has moved up 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
11 Fri Jun 2021 25.45 24.25 25.45 24.25 0.245 times
21 Fri May 2021 23.10 31.40 31.40 23.10 0.167 times
30 Fri Apr 2021 32.00 47.45 47.45 32.00 0.584 times
31 Wed Mar 2021 47.40 35.00 49.20 35.00 14.079 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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 73, 49 Sell
MACD -6, -5Sell
Stochastics 18Sell
CCI -29Buy
RSI 46Sell
OBV -969Sell
VWAP 26Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

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 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 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.

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 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 26.31 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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Daily charts

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

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