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(MelstarInfo) Melstar Info complete technical analysis [charts+indicators] | Buy/Sell Melstar Info | (MelstarInfo) share price targets

Complete technical analysis of Melstar Info (MelstarInfo) by charts plus indicators, forecast predictions and share price targets for Melstar Info (MelstarInfo)

10 day averaged volume of Melstar Info is 5020

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 5.15 5.17 5.17 4.70 1.008 times
16 Thu May 2024 4.93 4.79 4.93 4.55 0.481 times
15 Wed May 2024 4.70 4.73 4.73 4.70 0.239 times
14 Tue May 2024 4.51 4.59 4.72 4.50 6.679 times
13 Mon May 2024 4.50 4.43 4.50 4.43 0.024 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.2, for a target of 4.9 or 4.73

Share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Target 3.92
Downside Target 4.30
Downside Target 4.43
Downside Target 4.62
Downside Target 4.80
Downside Target 5.00
Downside Target 5.06
Upside Target 5.17
Upside Target 5.81
Upside Target 6.00
Upside Target 6.23

Intraday share price targets for Melstar Info (MelstarInfo)

Target Type Value
Downside Intraday Target 4.66
Downside Intraday Target 4.18
Upside Intraday Target 5.4
Upside Intraday Target 5.66
Downside Intraday Target 4.92

Weekly technical analysis of Melstar Info (MelstarInfo)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 5.15 4.43 5.17 4.43 418.99 times
10 Fri May 2024 4.52 4.52 4.52 4.52 0.013 times
03 Fri May 2024 4.44 4.62 4.62 4.44 0.188 times
26 Fri Apr 2024 4.62 4.80 4.80 4.62 15.52 times
18 Thu Apr 2024 4.87 5.06 5.06 4.87 1.727 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 Melstar Info (MelstarInfo)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 5.15 4.53 5.17 4.43 1.085 times
30 Tue Apr 2024 4.62 4.31 5.06 4.31 0.731 times
28 Thu Mar 2024 4.31 5.81 5.81 4.30 0.567 times
29 Thu Feb 2024 5.70 5.90 6.00 5.00 0.811 times

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 Melstar Info (MelstarInfo)

Indicator Name Indicator Value Indicator Signal
ADX 47, 26, 29 Buy
MACD -0, -0Buy
Stochastics 96Buy
CCI 195Buy
RSI 60Buy
OBV 7168Sell
VWAP 5Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Melstar Info ( (MelstarInfo) ) 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 Melstar Info stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Melstar Info 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.

Melstar Info Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Melstar Info in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Melstar Info is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.6 and Melstar Info (MelstarInfo) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Melstar Info (MelstarInfo) stock. Volume based technical analysis of Melstar Info (MelstarInfo) stock is negative.

Melstar Info Stock is giving positive 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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