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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 2025-02-11 View latest technical analysis

10 day averaged volume of Mega Flex is 15000

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	54.65	54.65	54.65	54.00	1.8 times
10 Mon Feb 2025	52.05	47.15	52.05	47.15	0.8 times
07 Fri Feb 2025	49.60	44.90	49.60	44.90	0.4 times
06 Thu Feb 2025	47.25	47.25	47.25	47.25	0.2 times
05 Wed Feb 2025	45.00	45.00	45.00	45.00	0.2 times
04 Tue Feb 2025	43.25	40.65	43.25	40.65	0.6 times
31 Fri Jan 2025	40.75	43.80	43.80	40.00	1.2 times
30 Thu Jan 2025	41.75	42.00	42.00	41.65	0.8 times
29 Wed Jan 2025	43.80	40.75	43.80	40.75	1.6 times
28 Tue Jan 2025	41.75	41.80	41.80	41.75	0.8 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.1, but if it comes below 53.1, then a intra day sell could be more profitable.
If you take a sell trade below 53.1, then use 53.1 as stoploss and 47.04 as target. However if you take a buy trade in stock , then use 53.1 as stoploss and 60.3 as target.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	34.05
Downside Target	40.00
Downside Target	41.70
Downside Target	45.00
Downside Target	46.05
Downside Target	47.15
Downside Target	48.65
Downside Target	49.60
Downside Target	54.65
Upside Target	63.75
Upside Target	64.20
Upside Target	75.00

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	49.65
Downside Intraday Target	44.65
Upside Intraday Target	57.15
Upside Intraday Target	59.65
Downside Intraday Target	52.15

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	54.65	47.15	54.65	47.15	1.857 times
07 Fri Feb 2025	49.60	40.65	49.60	40.65	0.179 times
31 Fri Jan 2025	40.75	43.75	45.00	40.00	7.8 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

Price has moved up 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
11 Tue Feb 2025	54.65	40.65	54.65	40.65	0.351 times
31 Fri Jan 2025	40.75	47.70	48.65	40.00	0.504 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

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 buy signal for Mega Flex in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 46.43 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.