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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 10567

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 125.55 133.35 133.35 125.40 0.073 times
07 Tue May 2024 131.95 128.30 133.95 128.25 0.063 times
06 Mon May 2024 128.25 135.25 140.00 128.20 0.151 times
03 Fri May 2024 133.40 127.70 133.40 127.70 0.125 times
02 Thu May 2024 134.40 141.45 141.45 134.40 0.249 times

My analysis of stock is bullish for shortterm, and stock might move up till 142.6 or till 167.4. Use a stoploss of 121.86 and if this stock hits its stoploss, then it can fall down till 101.16

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 73.70
Downside Target 84.70
Downside Target 96.00
Downside Target 100.30
Downside Target 113.00
Downside Target 120.00
Downside Target 125.40
Upside Target 134.90
Upside Target 140.00
Upside Target 141.45
Upside Target 174.60
Upside Target 177.95

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 120.63
Downside Intraday Target 115.72
Upside Intraday Target 135.23
Upside Intraday Target 144.92
Upside Intraday Target 130.32

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 125.55 135.25 140.00 125.40 0.076 times
03 Fri May 2024 133.40 174.60 177.95 127.70 0.638 times
26 Fri Apr 2024 174.60 113.35 174.60 100.30 12.631 times
19 Fri Apr 2024 103.40 120.00 120.00 101.90 2.741 times
12 Fri Apr 2024 102.20 104.50 113.40 97.00 0.885 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
08 Wed May 2024 125.55 141.45 141.45 125.40 0.065 times
30 Tue Apr 2024 141.45 104.90 177.95 96.35 7.677 times
28 Thu Mar 2024 101.90 101.90 113.00 73.70 0.125 times
29 Thu Feb 2024 103.11 91.88 134.90 84.70 14.649 times

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 36, 21, 27 Buy
MACD 15, 16Sell
Stochastics 34None
CCI -63Sell
RSI 59Buy
OBV 24445Sell
VWAP 150Sell
ADL 0Sell
ROC 24Buy
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

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is

ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megrisoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 149.61 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 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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