(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 2024-05-30 View latest technical analysis
10 day averaged volume of Megrisoft is 816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 128.95 | 129.25 | 131.00 | 122.80 | 0.956 times |
| 29 Wed May 2024 | 129.25 | 123.00 | 131.00 | 123.00 | 0.825 times |
| 28 Tue May 2024 | 125.00 | 132.00 | 132.00 | 124.00 | 2.352 times |
| 27 Mon May 2024 | 126.65 | 135.10 | 135.10 | 125.00 | 1.618 times |
| 24 Fri May 2024 | 128.70 | 131.50 | 131.50 | 122.60 | 0.126 times |
| 23 Thu May 2024 | 128.90 | 132.00 | 132.00 | 123.00 | 0.483 times |
| 22 Wed May 2024 | 125.95 | 135.95 | 135.95 | 125.00 | 0.185 times |
| 21 Tue May 2024 | 129.50 | 125.95 | 129.75 | 120.85 | 2.675 times |
| 18 Sat May 2024 | 127.20 | 131.00 | 131.95 | 127.00 | 0.273 times |
| 17 Fri May 2024 | 125.70 | 133.70 | 133.70 | 121.00 | 0.279 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 130.1 as stoploss in an intra day sell trade for a target of 127.63. However, stock will show a bullish move above 130.1.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 73.70 |
| Downside Target | 84.70 |
| Downside Target | 96.00 |
| Downside Target | 113.00 |
| Downside Target | 116.00 |
| Downside Target | 120.85 |
| Downside Target | 127.70 |
| Upside Target | 134.00 |
| Upside Target | 135.10 |
| Upside Target | 135.95 |
| Upside Target | 140.00 |
| Upside Target | 141.45 |
| Upside Target | 177.95 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 122.8 |
| Downside Intraday Target | 116.65 |
| Upside Intraday Target | 135.1 |
| Upside Intraday Target | 141.25 |
| Downside Intraday Target | 128.95 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 128.95 | 135.10 | 135.10 | 122.80 | 1.657 times |
| 24 Fri May 2024 | 128.70 | 125.95 | 135.95 | 120.85 | 0.832 times |
| 18 Sat May 2024 | 127.20 | 131.00 | 134.00 | 116.00 | 0.701 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 |
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 |
| 30 Thu May 2024 | 128.95 | 141.45 | 141.45 | 116.00 | 0.183 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
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. 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 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 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 127.59 and Megrisoft (Megrisoft) 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 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.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
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. 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 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 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 127.59 and Megrisoft (Megrisoft) 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 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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