(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 2024-05-16 View latest technical analysis
10 day averaged volume of Megrisoft is 1079
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 127.35 | 134.00 | 134.00 | 121.40 | 0.897 times |
| 15 Wed May 2024 | 127.75 | 128.00 | 128.00 | 116.00 | 1.22 times |
| 14 Tue May 2024 | 122.10 | 131.10 | 131.75 | 122.10 | 0.542 times |
| 13 Mon May 2024 | 128.50 | 131.00 | 131.00 | 128.50 | 0.076 times |
| 10 Fri May 2024 | 125.00 | 133.00 | 133.30 | 121.00 | 1.044 times |
| 09 Thu May 2024 | 127.00 | 131.80 | 131.80 | 125.00 | 0.632 times |
| 08 Wed May 2024 | 125.55 | 133.35 | 133.35 | 125.40 | 0.719 times |
| 07 Tue May 2024 | 131.95 | 128.30 | 133.95 | 128.25 | 0.62 times |
| 06 Mon May 2024 | 128.25 | 135.25 | 140.00 | 128.20 | 1.479 times |
| 03 Fri May 2024 | 133.40 | 127.70 | 133.40 | 127.70 | 1.222 times |
My analysis of stock is bearish for shortterm, and stock might move down till 110.8 or till 89.9. Use a stoploss of 128.27 and if the stock hits stoploss, then it can shoot up till 145.72
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 | 116.00 |
| Downside Target | 120.00 |
| Upside Target | 127.70 |
| Upside Target | 134.00 |
| 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 | 117.57 |
| Downside Intraday Target | 107.78 |
| Upside Intraday Target | 135.57 |
| Upside Intraday Target | 143.78 |
| Downside Intraday Target | 125.78 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 127.35 | 131.00 | 134.00 | 116.00 | 0.608 times |
| 10 Fri May 2024 | 125.00 | 135.25 | 140.00 | 121.00 | 0.121 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 |
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 |
| 16 Thu May 2024 | 127.35 | 141.45 | 141.45 | 116.00 | 0.109 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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 127.98 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 positive
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Megrisoft stock for short term is BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 127.98 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 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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