(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 2024-06-21 View latest technical analysis
10 day averaged volume of Megrisoft is 390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 121.55 | 116.20 | 122.00 | 116.20 | 3.036 times |
| 20 Thu Jun 2024 | 116.20 | 115.90 | 128.00 | 115.90 | 3.377 times |
| 19 Wed Jun 2024 | 121.95 | 130.00 | 130.00 | 121.35 | 1.931 times |
| 18 Tue Jun 2024 | 127.70 | 127.40 | 130.00 | 123.50 | 1.151 times |
| 14 Fri Jun 2024 | 130.00 | 134.00 | 134.00 | 129.90 | 0.044 times |
| 13 Thu Jun 2024 | 130.00 | 134.00 | 134.00 | 129.90 | 0.044 times |
| 12 Wed Jun 2024 | 129.00 | 123.85 | 132.85 | 123.85 | 1.174 times |
| 11 Tue Jun 2024 | 130.35 | 133.50 | 133.50 | 121.40 | 0.726 times |
| 10 Mon Jun 2024 | 127.75 | 133.00 | 133.00 | 120.65 | 0.628 times |
| 07 Fri Jun 2024 | 127.00 | 130.00 | 130.00 | 125.75 | 0.844 times |
Stock of Megrisoft (Megrisoft) has showed a significant upmove. This could be a good time to enter in 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 123.7, but if it comes above 123.7, then a intra day buy could be more profitable.
If you take a sell trade below 123.7, then use 123.7 as stoploss and 119.3 as target. However if you take a buy trade in stock , then use 123.7 as stoploss and 127.32 as target.
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 | 115.90 |
| Downside Target | 120.65 |
| Upside Target | 130.00 |
| Upside Target | 134.00 |
| Upside Target | 135.00 |
| Upside Target | 135.10 |
| Upside Target | 135.95 |
| Upside Target | 141.45 |
| Upside Target | 177.95 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 114.97 |
| Downside Intraday Target | 108.38 |
| Upside Intraday Target | 129.07 |
| Upside Intraday Target | 136.58 |
| Upside Intraday Target | 122.48 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 121.55 | 127.40 | 130.00 | 115.90 | 3.63 times |
| 14 Fri Jun 2024 | 130.00 | 133.00 | 134.00 | 120.65 | 1.089 times |
| 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 |
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 Megrisoft (Megrisoft)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 121.55 | 123.30 | 135.00 | 115.90 | 0.286 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 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be moving up
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
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 122.64 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 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 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) 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 Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be moving up
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
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 122.64 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 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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