(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 2024-06-07 View latest technical analysis
10 day averaged volume of Megrisoft is 545
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 127.00 | 130.00 | 130.00 | 125.75 | 0.604 times |
| 06 Thu Jun 2024 | 130.00 | 131.75 | 131.75 | 124.00 | 0.059 times |
| 05 Wed Jun 2024 | 125.50 | 135.00 | 135.00 | 125.45 | 0.284 times |
| 04 Tue Jun 2024 | 132.00 | 135.00 | 135.00 | 132.00 | 0.081 times |
| 03 Mon Jun 2024 | 129.00 | 123.30 | 135.00 | 123.30 | 0.692 times |
| 31 Fri May 2024 | 129.75 | 131.00 | 131.00 | 123.00 | 0.092 times |
| 30 Thu May 2024 | 128.95 | 129.25 | 131.00 | 122.80 | 1.431 times |
| 29 Wed May 2024 | 129.25 | 123.00 | 131.00 | 123.00 | 1.235 times |
| 28 Tue May 2024 | 125.00 | 132.00 | 132.00 | 124.00 | 3.521 times |
| 27 Mon May 2024 | 126.65 | 135.10 | 135.10 | 125.00 | 2.422 times |
My analysis of stock is bearish for shortterm, and stock might move down till 125.6 or till 123. Use a stoploss of 127.74 and if the stock hits stoploss, then it can shoot up till 129.89
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 73.70 |
| Downside Target | 84.70 |
| Downside Target | 96.35 |
| Downside Target | 113.00 |
| Downside Target | 116.00 |
| Downside Target | 120.85 |
| Upside Target | 134.00 |
| Upside Target | 135.00 |
| 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 | 121.87 |
| Downside Intraday Target | 116.73 |
| Upside Intraday Target | 133.57 |
| Upside Intraday Target | 140.13 |
| Upside Intraday Target | 128.43 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 127.00 | 123.30 | 135.00 | 123.30 | 0.198 times |
| 31 Fri May 2024 | 129.75 | 135.10 | 135.10 | 122.80 | 1.675 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 |
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 |
| 07 Fri Jun 2024 | 127.00 | 123.30 | 135.00 | 123.30 | 0.047 times |
| 31 Fri May 2024 | 129.75 | 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 |
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 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 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 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 SELL. 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 126.95 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 SELL. 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 126.95 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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