(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 2024-08-09 View latest technical analysis
10 day averaged volume of Megrisoft is 281
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 120.05 | 116.00 | 130.00 | 113.45 | 2.897 times |
| 08 Thu Aug 2024 | 125.95 | 128.00 | 128.00 | 115.05 | 3.861 times |
| 07 Wed Aug 2024 | 123.45 | 127.95 | 127.95 | 120.95 | 0.466 times |
| 06 Tue Aug 2024 | 121.45 | 128.00 | 128.00 | 119.80 | 0.189 times |
| 05 Mon Aug 2024 | 126.75 | 128.00 | 128.00 | 125.00 | 0.399 times |
| 02 Fri Aug 2024 | 125.00 | 130.00 | 130.00 | 120.00 | 0.662 times |
| 01 Thu Aug 2024 | 126.00 | 129.00 | 129.00 | 125.00 | 0.541 times |
| 31 Wed Jul 2024 | 126.00 | 129.00 | 129.00 | 122.00 | 0.231 times |
| 30 Tue Jul 2024 | 124.00 | 128.10 | 128.10 | 122.00 | 1.267 times |
| 29 Mon Jul 2024 | 122.00 | 129.00 | 129.00 | 122.00 | 1.477 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.3, but if it comes above 121.3, then a intra day buy could be more profitable.
If you take a sell trade below 121.3, then use 121.3 as stoploss and 118.9 as target. However if you take a buy trade in stock , then use 121.3 as stoploss and 123.38 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 96.35 |
| Downside Target | 113.45 |
| Downside Target | 115.90 |
| Upside Target | 129.15 |
| Upside Target | 130.00 |
| Upside Target | 134.00 |
| Upside Target | 135.00 |
| Upside Target | 141.45 |
| Upside Target | 177.95 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 112.33 |
| Downside Intraday Target | 104.62 |
| Upside Intraday Target | 128.88 |
| Upside Intraday Target | 137.72 |
| Upside Intraday Target | 121.17 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 120.05 | 128.00 | 130.00 | 113.45 | 1.87 times |
| 02 Fri Aug 2024 | 125.00 | 129.00 | 130.00 | 120.00 | 1.68 times |
| 26 Fri Jul 2024 | 124.00 | 124.80 | 130.00 | 116.00 | 0.591 times |
| 19 Fri Jul 2024 | 119.65 | 129.15 | 129.15 | 117.00 | 0.535 times |
| 12 Fri Jul 2024 | 124.15 | 129.30 | 129.30 | 118.65 | 0.805 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 |
| 09 Fri Aug 2024 | 120.05 | 129.00 | 130.00 | 113.45 | 0.33 times |
| 31 Wed Jul 2024 | 126.00 | 130.00 | 134.00 | 116.00 | 1.005 times |
| 28 Fri Jun 2024 | 126.00 | 123.30 | 135.00 | 115.90 | 0.386 times |
| 31 Fri May 2024 | 129.75 | 141.45 | 141.45 | 116.00 | 0.183 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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 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 SELL signal in short term and selling is picking up 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 123.64 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer 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.
ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.
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 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 SELL signal in short term and selling is picking up 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 123.64 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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