(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 2024-03-22 View latest technical analysis
10 day averaged volume of Megrisoft is 620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 95.20 | 97.60 | 102.90 | 95.10 | 0.637 times |
| 21 Thu Mar 2024 | 103.25 | 109.20 | 109.20 | 97.25 | 1.253 times |
| 20 Wed Mar 2024 | 94.80 | 97.95 | 97.95 | 91.00 | 1.14 times |
| 19 Tue Mar 2024 | 90.55 | 100.25 | 100.25 | 89.80 | 0.437 times |
| 18 Mon Mar 2024 | 97.15 | 88.10 | 99.00 | 88.10 | 0.323 times |
| 15 Fri Mar 2024 | 94.00 | 95.00 | 95.00 | 89.00 | 0.852 times |
| 14 Thu Mar 2024 | 89.05 | 91.90 | 91.90 | 73.70 | 0.577 times |
| 13 Wed Mar 2024 | 81.40 | 94.85 | 94.85 | 81.10 | 2.634 times |
| 12 Tue Mar 2024 | 90.00 | 95.00 | 95.00 | 89.05 | 1.321 times |
| 11 Mon Mar 2024 | 96.05 | 99.60 | 99.60 | 94.00 | 0.598 times |
My analysis of stock is bearish for shortterm, and stock might move down till 91.2 or till 83.6. Use a stoploss of 97.55 and if the stock hits stoploss, then it can shoot up till 103.88
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 73.70 |
| Downside Target | 80.27 |
| Downside Target | 84.70 |
| Downside Target | 88.10 |
| Downside Target | 90.00 |
| Downside Target | 92.00 |
| Upside Target | 96.00 |
| Upside Target | 99.10 |
| Upside Target | 109.20 |
| Upside Target | 109.95 |
| Upside Target | 110.00 |
| Upside Target | 118.99 |
| Upside Target | 125.00 |
| Upside Target | 134.90 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 85.8 |
| Downside Intraday Target | 76.4 |
| Upside Intraday Target | 106.9 |
| Upside Intraday Target | 118.6 |
| Upside Intraday Target | 97.5 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 95.20 | 88.10 | 109.20 | 88.10 | 0.634 times |
| 15 Fri Mar 2024 | 94.00 | 99.60 | 99.60 | 73.70 | 0.81 times |
| 07 Thu Mar 2024 | 95.20 | 109.90 | 109.95 | 92.00 | 0.496 times |
| 02 Sat Mar 2024 | 104.90 | 118.99 | 118.99 | 99.10 | 0.763 times |
| 23 Fri Feb 2024 | 110.47 | 112.00 | 125.00 | 101.40 | 0.17 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 |
| 22 Fri Mar 2024 | 95.20 | 101.90 | 110.00 | 73.70 | 0.109 times |
| 29 Thu Feb 2024 | 103.11 | 91.88 | 134.90 | 84.70 | 14.649 times |
| 30 Tue Jan 2024 | 91.89 | 95.00 | 96.00 | 85.00 | 0.903 times |
| 29 Fri Dec 2023 | 90.90 | 87.99 | 101.99 | 80.27 | 2 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)
Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Weak 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Megrisoft in short term but SELL signal is weak.
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
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 91.2 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.
Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Weak 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Megrisoft in short term but SELL signal is weak.
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
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 91.2 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.
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