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

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

10 day averaged volume of Mega Flex is 22200

Date Daily Closing Price Open High Low Volume
30 Tue Jan 2024 41.85 41.00 41.85 41.00 0.405 times
25 Thu Jan 2024 39.90 40.00 40.00 39.90 0.27 times
24 Wed Jan 2024 42.00 42.00 42.00 42.00 0.135 times
23 Tue Jan 2024 42.00 39.90 42.00 39.90 0.27 times
22 Mon Jan 2024 42.00 42.00 42.00 42.00 0.135 times
18 Thu Jan 2024 40.40 40.40 40.40 40.40 0.135 times
17 Wed Jan 2024 42.50 43.90 43.90 42.50 0.27 times
15 Mon Jan 2024 44.70 46.00 46.40 44.00 1.216 times
12 Fri Jan 2024 45.45 47.45 47.45 43.00 3.919 times
11 Thu Jan 2024 45.25 45.00 45.25 45.00 2.162 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.9 as stoploss in an intra day sell trade for a target of 39.69. However, stock will show a bullish move above 43.9.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type Value
Downside Target 31.45
Downside Target 33.95
Downside Target 34.80
Downside Target 39.00
Downside Target 41.85
Upside Target 42.00
Upside Target 46.40
Upside Target 47.45
Upside Target 50.95
Upside Target 52.45

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type Value
Downside Intraday Target 41.28
Downside Intraday Target 40.72
Upside Intraday Target 42.13
Upside Intraday Target 42.42
Downside Intraday Target 41.57

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date Weekly Closing Price Open High Low Volume
30 Tue Jan 2024 41.85 41.00 41.85 41.00 0.5 times
25 Thu Jan 2024 39.90 42.00 42.00 39.90 0.5 times
18 Thu Jan 2024 40.40 46.00 46.40 40.40 0.138 times
12 Fri Jan 2024 45.45 41.60 47.45 39.00 3.955 times
05 Fri Jan 2024 39.65 33.95 39.65 33.95 2.444 times

Price has moved up 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 Mega Flex (MEGAFLEX_SM)

Date Monthly Closing Price Open High Low Volume
30 Tue Jan 2024 41.85 33.95 47.45 33.95 4.643 times
29 Fri Dec 2023 33.00 31.60 34.80 31.45 0.346 times
30 Thu Nov 2023 32.10 38.50 42.00 31.95 1.397 times
31 Tue Oct 2023 40.05 43.00 50.95 40.05 0.374 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mega Flex (MEGAFLEX_SM)

Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short 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 Mega Flex ( (MEGAFLEX_SM) ) based on a short 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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Mega Flex 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mega Flex in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Mega Flex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.59 and Mega Flex (MEGAFLEX_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mega Flex (MEGAFLEX_SM) stock. Volume based technical analysis of Mega Flex (MEGAFLEX_SM) stock is negative.

Mega Flex 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.

Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short 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 Mega Flex ( (MEGAFLEX_SM) ) based on a short 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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Mega Flex 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mega Flex in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Mega Flex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.59 and Mega Flex (MEGAFLEX_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mega Flex (MEGAFLEX_SM) stock. Volume based technical analysis of Mega Flex (MEGAFLEX_SM) stock is negative.

Mega Flex 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.

Click here for Mega Flex charts

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Daily charts

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