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(MEGAFLEX_ST) Mega Flex complete technical analysis [charts+indicators] | Buy/Sell Mega Flex | (MEGAFLEX_ST) share price targets

Complete technical analysis of Mega Flex (MEGAFLEX_ST) by charts plus indicators, forecast predictions and share price targets for Mega Flex (MEGAFLEX_ST)

Showing technical analysis as on 2024-10-21 View latest technical analysis

10 day averaged volume of Mega Flex is 11700

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	54.00	56.90	56.90	52.05	1.795 times
18 Fri Oct 2024	54.20	54.25	54.25	54.20	0.513 times
17 Thu Oct 2024	57.05	57.15	57.15	57.05	0.513 times
16 Wed Oct 2024	60.05	60.05	60.05	60.05	1.282 times
15 Tue Oct 2024	63.20	63.20	63.20	63.20	1.026 times
14 Mon Oct 2024	66.50	66.75	66.75	66.50	0.769 times
10 Thu Oct 2024	70.00	67.50	70.00	67.50	0.769 times
09 Wed Oct 2024	68.00	67.00	68.00	67.00	0.769 times
08 Tue Oct 2024	70.00	65.50	70.50	65.50	3.333 times
22 Mon Apr 2024	35.35	32.25	35.35	32.25	0.513 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.5 as stoploss in an intra day sell trade for a target of 45.5. However, stock will show a bullish move above 61.5.

Share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Target	28.95
Downside Target	29.95
Downside Target	30.65
Downside Target	31.85
Downside Target	33.70
Downside Target	35.35
Downside Target	39.75
Downside Target	42.50
Downside Target	52.05
Upside Target	54.20
Upside Target	56.90
Upside Target	66.75
Upside Target	70.50

Intraday share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Intraday Target	51.73
Downside Intraday Target	49.47
Upside Intraday Target	56.58
Upside Intraday Target	59.17
Upside Intraday Target	54.32

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	54.00	56.90	56.90	52.05	0.438 times
18 Fri Oct 2024	54.20	66.75	66.75	54.20	0.762 times
10 Thu Oct 2024	70.00	32.25	70.50	32.25	1.615 times
18 Thu Apr 2024	33.70	30.65	33.70	30.65	0.867 times
12 Fri Apr 2024	30.40	28.95	31.85	28.95	2.143 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	54.00	65.50	70.50	52.05	1.135 times
22 Mon Apr 2024	35.35	31.85	35.35	28.95	0.698 times
28 Thu Mar 2024	30.35	33.95	34.25	29.95	2.208 times
28 Wed Feb 2024	35.70	42.55	42.70	34.00	3.429 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_ST)

Price action analysis of Mega Flex ( (MEGAFLEX_ST) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mega Flex ( (MEGAFLEX_ST) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mega Flex ( (MEGAFLEX_ST) ) 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_ST) ) 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 Strong and stock is gaining momentum.

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

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. 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 buy signal for Mega Flex in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 62.45 and Mega Flex (MEGAFLEX_ST) 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_ST) stock. Volume based technical analysis of Mega Flex (MEGAFLEX_ST) 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.