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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 8100

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	37.45	37.40	37.45	37.40	0.741 times
23 Tue Jul 2024	35.70	35.70	35.70	35.70	0.741 times
22 Mon Jul 2024	37.55	37.55	38.00	37.55	1.481 times
10 Wed Jul 2024	37.55	38.00	38.00	37.55	1.481 times
05 Fri Jul 2024	39.50	39.50	39.50	39.50	0.37 times
04 Thu Jul 2024	38.50	38.50	38.50	37.00	2.593 times
28 Fri Jun 2024	36.95	36.90	37.00	36.90	0.741 times
21 Fri Jun 2024	36.90	34.55	36.90	34.55	0.741 times
20 Thu Jun 2024	35.50	35.50	35.50	35.50	0.37 times
18 Tue Jun 2024	36.00	35.00	36.00	35.00	0.741 times

My analysis of stock is bullish for shortterm, and stock might move up till 38.6 or till 40.4. Use a stoploss of 37.07 and if this stock hits its stoploss, then it can fall down till 35.56

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	31.15
Downside Target	33.65
Downside Target	35.70
Downside Target	36.90
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	36.1
Downside Intraday Target	34.75
Upside Intraday Target	38.4
Upside Intraday Target	39.35
Downside Intraday Target	37.05

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	37.45	37.55	38.00	35.70	2 times
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

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
25 Thu Jul 2024	37.45	38.50	39.50	35.70	0.455 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY 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

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 37.44 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.