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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 76800

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	68.95	74.80	75.00	68.30	1.367 times
04 Fri Oct 2024	71.90	70.80	71.95	69.95	0.898 times
03 Thu Oct 2024	68.55	66.90	70.20	64.20	1.016 times
01 Tue Oct 2024	66.90	66.90	66.90	66.00	1.133 times
30 Mon Sep 2024	63.75	63.75	63.75	63.75	0.898 times
27 Fri Sep 2024	60.75	60.75	60.75	56.15	1.211 times
26 Thu Sep 2024	57.90	62.50	62.50	56.60	2.109 times
25 Wed Sep 2024	59.55	59.55	59.55	56.75	1.289 times
24 Tue Sep 2024	56.75	56.75	56.75	56.75	0.391 times
23 Mon Sep 2024	54.05	54.00	54.05	54.00	0.313 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.4, but if it comes below 64.4, then a intra day sell could be more profitable.
If you take a sell trade below 64.4, then use 64.4 as stoploss and 53.29 as target. However if you take a buy trade in stock , then use 64.4 as stoploss and 77.7 as target.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	33.65
Downside Target	35.25
Downside Target	39.00
Downside Target	42.75
Downside Target	44.80
Downside Target	51.85
Downside Target	54.00
Downside Target	62.50
Downside Target	63.75
Downside Target	64.20
Downside 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	66.5
Downside Intraday Target	64.05
Upside Intraday Target	73.2
Upside Intraday Target	77.45
Upside Intraday Target	70.75

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
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
27 Fri Sep 2024	60.75	54.00	62.50	54.00	0.965 times
20 Fri Sep 2024	51.50	44.85	51.85	44.80	3.917 times
13 Fri Sep 2024	42.75	36.00	42.75	35.25	36 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
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
31 Wed Jul 2024	35.80	38.50	39.50	35.60	0.545 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 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 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 BUY signal in short term but buying 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 63.35 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.