Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-07-10 View latest technical analysis

10 day averaged volume of Mega Flex is 14700

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	37.55	38.00	38.00	37.55	0.816 times
05 Fri Jul 2024	39.50	39.50	39.50	39.50	0.204 times
04 Thu Jul 2024	38.50	38.50	38.50	37.00	1.429 times
28 Fri Jun 2024	36.95	36.90	37.00	36.90	0.408 times
21 Fri Jun 2024	36.90	34.55	36.90	34.55	0.408 times
20 Thu Jun 2024	35.50	35.50	35.50	35.50	0.204 times
18 Tue Jun 2024	36.00	35.00	36.00	35.00	0.408 times
13 Thu Jun 2024	36.75	35.00	36.75	35.00	0.408 times
12 Wed Jun 2024	35.00	35.00	35.00	35.00	0.204 times
10 Mon Jun 2024	35.00	35.00	35.00	35.00	0.204 times

My analysis of stock is bullish for shortterm, and stock might move up till 38.5 or till 40.4. Use a stoploss of 36.9 and if this stock hits its stoploss, then it can fall down till 35.32

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	31.15
Downside Target	33.65
Downside Target	36.75
Downside Target	37.55
Upside Target	38.00
Upside Target	39.00
Upside Target	39.15
Upside Target	39.50
Upside Target	39.95
Upside Target	47.45

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	37.4
Downside Intraday Target	37.25
Upside Intraday Target	37.85
Upside Intraday Target	38.15
Upside Intraday Target	37.7

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	37.55	38.00	38.00	37.55	0.5 times
05 Fri Jul 2024	39.50	38.50	39.50	37.00	4 times
28 Fri Jun 2024	36.95	36.90	37.00	36.90	0.4 times
21 Fri Jun 2024	36.90	35.00	36.90	34.55	1.25 times
13 Thu Jun 2024	36.75	35.00	36.75	35.00	0.121 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 Mega Flex (MEGAFLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	37.55	38.50	39.50	37.00	0.273 times
28 Fri Jun 2024	36.95	39.00	39.00	33.65	0.543 times
31 Fri May 2024	39.00	38.30	39.95	31.15	2.132 times
30 Tue Apr 2024	36.50	37.10	39.15	33.85	0.292 times

Scroll below to view daily charts

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 Mega Flex (MEGAFLEX_SM)

Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short 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 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 losing momentum.

MACD generated a BUY signal for Mega Flex in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mega Flex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 37.3 and Mega Flex (MEGAFLEX_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.