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(Megasoft) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (Megasoft) share price targets

Complete technical analysis of Megasoft (Megasoft) by charts plus indicators, forecast predictions and share price targets for Megasoft (Megasoft)

10 day averaged volume of Megasoft is 27227

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 70.17 71.10 72.00 67.50 0.822 times
18 Mon Nov 2024 69.77 71.00 72.80 69.00 0.294 times
14 Thu Nov 2024 71.83 68.33 72.90 68.33 0.086 times
13 Wed Nov 2024 69.72 72.99 72.99 69.71 0.776 times
12 Tue Nov 2024 73.37 77.00 77.00 73.34 0.446 times

My analysis of stock is bearish for shortterm, and stock might move down till 68.1 or till 63.5. Use a stoploss of 71.84 and if the stock hits stoploss, then it can shoot up till 75.62

Share price targets for Megasoft (Megasoft)

Target Type Value
Downside Target 50.13
Downside Target 54.40
Downside Target 61.55
Downside Target 63.99
Downside Target 65.93
Downside Target 67.50
Downside Target 70.00
Upside Target 72.21
Upside Target 74.20
Upside Target 75.00
Upside Target 76.90
Upside Target 78.85
Upside Target 79.41

Intraday share price targets for Megasoft (Megasoft)

Target Type Value
Downside Intraday Target 67.51
Downside Intraday Target 64.86
Upside Intraday Target 72.81
Upside Intraday Target 75.46
Downside Intraday Target 70.16

Weekly technical analysis of Megasoft (Megasoft)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 70.17 71.00 72.80 67.50 0.4 times
14 Thu Nov 2024 71.83 78.00 78.85 68.33 0.313 times
08 Fri Nov 2024 78.46 74.00 79.41 70.00 2.445 times
01 Fri Nov 2024 72.21 64.50 72.21 62.64 0.12 times
25 Fri Oct 2024 65.93 66.29 73.08 65.93 14.002 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 Megasoft (Megasoft)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 70.17 71.00 79.41 67.50 0.334 times
31 Thu Oct 2024 68.78 67.99 73.08 61.55 0.318 times
30 Mon Sep 2024 67.35 55.38 76.90 50.13 3.303 times
30 Fri Aug 2024 55.16 73.50 74.20 54.40 1.125 times

Price has moved up 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 Megasoft (Megasoft)

Indicator Name Indicator Value Indicator Signal
ADX 18, 25, 17 Sell
MACD 3, 4Sell
Stochastics 22Sell
CCI -98Sell
RSI 51Buy
OBV 860093Sell
VWAP 76Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Megasoft ( (Megasoft) ) 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 Megasoft ( (Megasoft) ) 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 Megasoft ( (Megasoft) ) based on a short to mid 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 Megasoft ( (Megasoft) ) 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 Megasoft stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megasoft in short term but the sell signal is initial and weak.

Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Megasoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Megasoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.5 and Megasoft (Megasoft) 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 Megasoft (Megasoft) stock. Volume based technical analysis of Megasoft (Megasoft) stock is negative.

Megasoft 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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