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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)

Showing technical analysis as on 2025-01-28 View latest technical analysis

10 day averaged volume of Mega Flex is 21000

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	41.75	41.80	41.80	41.75	0.571 times
27 Mon Jan 2025	43.85	43.75	45.00	43.75	2.429 times
24 Fri Jan 2025	46.05	48.65	48.65	46.05	0.286 times
23 Thu Jan 2025	48.45	48.45	48.45	48.45	0.286 times
20 Mon Jan 2025	46.15	46.15	46.15	46.15	0.143 times
17 Fri Jan 2025	44.00	44.00	44.00	44.00	0.143 times
16 Thu Jan 2025	46.00	41.70	46.00	41.70	0.429 times
15 Wed Jan 2025	43.90	44.05	44.05	43.70	0.571 times
14 Tue Jan 2025	46.00	45.35	46.00	45.30	0.429 times
13 Mon Jan 2025	47.65	47.70	47.70	47.65	0.286 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.4, but if it comes above 44.4, then a intra day buy could be more profitable.
If you take a sell trade below 44.4, then use 44.4 as stoploss and 32.7 as target. However if you take a buy trade in stock , then use 44.4 as stoploss and 54.14 as target.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	34.05
Downside Target	35.60
Downside Target	39.50
Downside Target	41.70
Upside Target	45.00
Upside Target	46.05
Upside Target	47.70
Upside Target	63.75
Upside Target	64.20
Upside Target	68.30
Upside Target	71.95
Upside Target	75.00

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	40.67
Downside Intraday Target	39.58
Upside Intraday Target	43.92
Upside Intraday Target	46.08
Upside Intraday Target	42.83

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	41.75	43.75	45.00	41.75	4.2 times
24 Fri Jan 2025	46.05	46.15	48.65	46.05	0.385 times
17 Fri Jan 2025	44.00	47.70	47.70	41.70	0.371 times
07 Mon Oct 2024	68.95	74.80	75.00	68.30	0.347 times
04 Fri Oct 2024	71.90	63.75	71.95	63.75	0.743 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 Mega Flex (MEGAFLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	41.75	47.70	48.65	41.70	0.345 times
07 Mon Oct 2024	68.95	66.90	75.00	64.20	0.335 times
30 Mon Sep 2024	63.75	34.30	63.75	34.30	7.659 times
30 Fri Aug 2024	35.70	37.45	40.00	34.05	1.833 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 Mega Flex (MEGAFLEX_SM)

Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex ( (MEGAFLEX_SM) ) based on a short to mid 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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mega Flex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.58 and Mega Flex (MEGAFLEX_SM) 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 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.