(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 2024-08-21 View latest technical analysis
10 day averaged volume of Megrisoft is 518
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 122.05 | 121.50 | 128.00 | 121.00 | 0.635 times |
| 20 Tue Aug 2024 | 129.00 | 130.00 | 130.00 | 129.00 | 0.214 times |
| 19 Mon Aug 2024 | 126.50 | 127.00 | 127.00 | 126.50 | 0.396 times |
| 16 Fri Aug 2024 | 124.35 | 129.00 | 129.00 | 120.05 | 0.817 times |
| 14 Wed Aug 2024 | 123.40 | 138.60 | 138.60 | 121.00 | 0.849 times |
| 13 Tue Aug 2024 | 126.00 | 127.00 | 127.10 | 125.00 | 1.591 times |
| 12 Mon Aug 2024 | 126.45 | 127.90 | 127.90 | 122.00 | 2.102 times |
| 09 Fri Aug 2024 | 120.05 | 116.00 | 130.00 | 113.45 | 1.571 times |
| 08 Thu Aug 2024 | 125.95 | 128.00 | 128.00 | 115.05 | 2.095 times |
| 07 Wed Aug 2024 | 123.45 | 127.95 | 127.95 | 120.95 | 0.253 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.3, but if it comes above 122.3, then a intra day buy could be more profitable.
If you take a sell trade below 122.3, then use 122.3 as stoploss and 119.7 as target. However if you take a buy trade in stock , then use 122.3 as stoploss and 124.48 as target.
Share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Target | 96.35 |
| Downside Target | 113.45 |
| Downside Target | 115.90 |
| Downside Target | 120.00 |
| Upside Target | 130.00 |
| Upside Target | 134.00 |
| Upside Target | 135.00 |
| Upside Target | 138.60 |
| Upside Target | 141.45 |
| Upside Target | 177.95 |
Intraday share price targets for Megrisoft (Megrisoft)
| Target Type | Value |
| Downside Intraday Target | 118.7 |
| Downside Intraday Target | 115.35 |
| Upside Intraday Target | 127.7 |
| Upside Intraday Target | 133.35 |
| Upside Intraday Target | 124.35 |
Weekly technical analysis of Megrisoft (Megrisoft)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 122.05 | 127.00 | 130.00 | 121.00 | 0.232 times |
| 16 Fri Aug 2024 | 124.35 | 127.90 | 138.60 | 120.05 | 1.265 times |
| 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 |
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 |
| 21 Wed Aug 2024 | 122.05 | 129.00 | 138.60 | 113.45 | 0.776 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 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 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 to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Megrisoft in short term and the buy 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. 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 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 124.63 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 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 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 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 to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Megrisoft in short term and the buy 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. 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 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 124.63 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 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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