(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 2024-05-27 View latest technical analysis
10 day averaged volume of Megrisoft is 623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 126.65 | 135.10 | 135.10 | 125.00 | 2.119 times |
| 24 Fri May 2024 | 128.70 | 131.50 | 131.50 | 122.60 | 0.165 times |
| 23 Thu May 2024 | 128.90 | 132.00 | 132.00 | 123.00 | 0.632 times |
| 22 Wed May 2024 | 125.95 | 135.95 | 135.95 | 125.00 | 0.242 times |
| 21 Tue May 2024 | 129.50 | 125.95 | 129.75 | 120.85 | 3.504 times |
| 18 Sat May 2024 | 127.20 | 131.00 | 131.95 | 127.00 | 0.358 times |
| 17 Fri May 2024 | 125.70 | 133.70 | 133.70 | 121.00 | 0.366 times |
| 16 Thu May 2024 | 127.35 | 134.00 | 134.00 | 121.40 | 1.554 times |
| 15 Wed May 2024 | 127.75 | 128.00 | 128.00 | 116.00 | 2.112 times |
| 14 Tue May 2024 | 122.10 | 131.10 | 131.75 | 122.10 | 0.939 times |
Stock of Megrisoft (Megrisoft) 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 122.7 or till 113.9. Use a stoploss of 130.12 and if the stock hits stoploss, then it can shoot up till 137.51
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 | 125.00 |
| Upside Target | 127.70 |
| Upside Target | 134.00 |
| 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 | 122.73 |
| Downside Intraday Target | 118.82 |
| Upside Intraday Target | 132.83 |
| Upside Intraday Target | 139.02 |
| Upside Intraday Target | 128.92 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 126.65 | 135.10 | 135.10 | 125.00 | 0.466 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 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 Megrisoft (Megrisoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 126.65 | 141.45 | 141.45 | 116.00 | 0.151 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 gaining 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 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 and BUY 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
Stock of Megrisoft is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 127.53 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) based on a short to mid 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 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 gaining 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 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 and BUY 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
Stock of Megrisoft is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 127.53 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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