(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)
Showing technical analysis as on 2024-02-20 View latest technical analysis
10 day averaged volume of Melstar Info is 2809
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 5.10 | 5.10 | 5.10 | 5.10 | 7.192 times |
| 19 Mon Feb 2024 | 5.20 | 5.20 | 5.20 | 5.20 | 0.133 times |
| 16 Fri Feb 2024 | 5.20 | 5.20 | 5.20 | 5.20 | 0.534 times |
| 15 Thu Feb 2024 | 5.20 | 5.18 | 5.20 | 5.10 | 1.241 times |
| 14 Wed Feb 2024 | 5.18 | 5.18 | 5.18 | 5.18 | 0.926 times |
| 13 Tue Feb 2024 | 5.28 | 5.28 | 5.28 | 5.28 | 2.855 times |
| 12 Mon Feb 2024 | 5.38 | 5.38 | 5.38 | 5.38 | 0.039 times |
| 09 Fri Feb 2024 | 5.48 | 5.59 | 5.59 | 5.48 | 0.022 times |
| 08 Thu Feb 2024 | 5.59 | 5.59 | 5.59 | 5.59 | 0.232 times |
| 07 Wed Feb 2024 | 5.70 | 5.77 | 5.77 | 5.70 | 0.066 times |
Stock of Melstar Info (MelstarInfo) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.3, but if it comes above 5.3, then a intra day buy could be more profitable.
If you take a sell trade below 5.3, then use 5.3 as stoploss and 4.9 as target. However if you take a buy trade in stock , then use 5.3 as stoploss and 5.65 as target.
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 2.00 |
| Downside Target | 2.25 |
| Downside Target | 2.50 |
| Downside Target | 3.92 |
| Downside Target | 4.88 |
| Downside Target | 5.10 |
| Upside Target | 5.38 |
| Upside Target | 5.89 |
| Upside Target | 6.00 |
| Upside Target | 6.08 |
| Upside Target | 6.21 |
| Upside Target | 6.23 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 5.07 |
| Downside Intraday Target | 5.03 |
| Upside Intraday Target | 5.17 |
| Upside Intraday Target | 5.23 |
| Upside Intraday Target | 5.13 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 5.10 | 5.20 | 5.20 | 5.10 | 1.309 times |
| 16 Fri Feb 2024 | 5.20 | 5.38 | 5.38 | 5.10 | 0.779 times |
| 09 Fri Feb 2024 | 5.48 | 6.00 | 6.00 | 5.48 | 2.007 times |
| 02 Fri Feb 2024 | 5.90 | 6.11 | 6.23 | 5.89 | 1.19 times |
| 25 Thu Jan 2024 | 6.11 | 6.21 | 6.21 | 6.08 | 0.106 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 Melstar Info (MelstarInfo)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 5.10 | 5.90 | 6.00 | 5.10 | 0.445 times |
| 31 Wed Jan 2024 | 6.01 | 4.08 | 6.23 | 3.92 | 0.594 times |
| 29 Fri Dec 2023 | 4.16 | 4.04 | 4.88 | 4.04 | 7.22 times |
| 30 Thu Nov 2023 | 3.97 | 2.48 | 3.97 | 2.25 | 0.49 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 Melstar Info (MelstarInfo)
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Melstar Info in short term but the sell signal is initial and weak.
Melstar Info Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Melstar Info 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 Melstar Info is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.17 and Melstar Info (MelstarInfo) 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 Melstar Info (MelstarInfo) stock. Volume based technical analysis of Melstar Info (MelstarInfo) stock is negative.
Melstar Info 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Melstar Info in short term but the sell signal is initial and weak.
Melstar Info Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Melstar Info 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 Melstar Info is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.17 and Melstar Info (MelstarInfo) 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 Melstar Info (MelstarInfo) stock. Volume based technical analysis of Melstar Info (MelstarInfo) stock is negative.
Melstar Info 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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