(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 2024-03-06 View latest technical analysis
10 day averaged volume of Melstar Info is 4835
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 5.24 | 5.40 | 5.65 | 5.21 | 2.039 times |
| 05 Tue Mar 2024 | 5.40 | 5.45 | 5.45 | 4.97 | 2.334 times |
| 04 Mon Mar 2024 | 5.23 | 5.45 | 5.45 | 5.23 | 2.187 times |
| 02 Sat Mar 2024 | 5.50 | 5.70 | 5.70 | 5.50 | 0.021 times |
| 01 Fri Mar 2024 | 5.70 | 5.81 | 5.81 | 5.42 | 1.005 times |
| 29 Thu Feb 2024 | 5.70 | 5.45 | 5.70 | 5.18 | 1.028 times |
| 28 Wed Feb 2024 | 5.45 | 5.50 | 5.50 | 5.10 | 0.095 times |
| 27 Tue Feb 2024 | 5.25 | 5.57 | 5.57 | 5.19 | 0.635 times |
| 26 Mon Feb 2024 | 5.46 | 5.46 | 5.46 | 5.20 | 0.821 times |
| 23 Fri Feb 2024 | 5.20 | 5.20 | 5.20 | 5.15 | 0.452 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, and stock might move down till 5.1 or till 4.9. Use a stoploss of 5.31 and if the stock hits stoploss, then it can shoot up till 5.5
Share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Target | 2.25 |
| Downside Target | 3.92 |
| Downside Target | 4.88 |
| Downside Target | 5.10 |
| Upside Target | 5.38 |
| Upside Target | 5.48 |
| Upside Target | 5.65 |
| Upside Target | 5.81 |
| Upside Target | 6.00 |
| Upside Target | 6.23 |
Intraday share price targets for Melstar Info (MelstarInfo)
| Target Type | Value |
| Downside Intraday Target | 4.92 |
| Downside Intraday Target | 4.61 |
| Upside Intraday Target | 5.6 |
| Upside Intraday Target | 5.97 |
| Upside Intraday Target | 5.29 |
Weekly technical analysis of Melstar Info (MelstarInfo)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 5.24 | 5.45 | 5.65 | 4.97 | 1.82 times |
| 02 Sat Mar 2024 | 5.50 | 5.46 | 5.81 | 5.10 | 0.299 times |
| 23 Fri Feb 2024 | 5.20 | 5.20 | 5.20 | 5.00 | 3.704 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Melstar Info (MelstarInfo)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 5.24 | 5.81 | 5.81 | 4.97 | 0.33 times |
| 29 Thu Feb 2024 | 5.70 | 5.90 | 6.00 | 5.00 | 0.811 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 |
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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Melstar Info in short term but the sell signal is initial and weak.
Melstar Info 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melstar Info in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melstar Info is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.38 and Melstar Info (MelstarInfo) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 Melstar Info ( (MelstarInfo) ) 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 Melstar Info ( (MelstarInfo) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Melstar Info ( (MelstarInfo) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Melstar Info in short term but the sell signal is initial and weak.
Melstar Info 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melstar Info in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melstar Info is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.38 and Melstar Info (MelstarInfo) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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