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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 2024-12-06 View latest technical analysis

10 day averaged volume of Mega Flex is 14100

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	56.75	56.75	58.20	56.75	2.34 times
04 Wed Dec 2024	59.70	55.65	59.70	55.65	0.851 times
03 Tue Dec 2024	58.45	58.10	58.45	58.00	0.638 times
02 Mon Dec 2024	60.50	60.90	60.90	60.50	0.851 times
29 Fri Nov 2024	58.50	57.50	59.50	57.50	0.426 times
28 Thu Nov 2024	59.90	59.95	59.95	59.90	0.851 times
27 Wed Nov 2024	57.30	53.45	58.90	53.45	1.915 times
26 Tue Nov 2024	56.25	52.70	56.95	52.70	1.277 times
25 Mon Nov 2024	55.45	53.00	56.95	53.00	1.277 times
22 Fri Nov 2024	54.40	50.00	54.95	50.00	0.638 times

Stock of Mega Flex (MEGAFLEX_ST) has showed a significant fall. This could be a good time to exit from this stock.

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 58.4 as stoploss in an intra day sell trade for a target of 54.19. However, stock will show a bullish move above 58.4.

Share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Target	28.95
Downside Target	29.95
Downside Target	34.25
Downside Target	35.35
Downside Target	45.70
Downside Target	47.30
Downside Target	49.35
Downside Target	52.60
Downside Target	54.95
Upside Target	59.95
Upside Target	60.90
Upside Target	70.50

Intraday share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Intraday Target	54.63
Downside Intraday Target	52.52
Upside Intraday Target	59.88
Upside Intraday Target	63.02
Upside Intraday Target	57.77

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	56.75	60.90	60.90	55.65	0.815 times
29 Fri Nov 2024	58.50	53.00	59.95	52.70	1.8 times
22 Fri Nov 2024	54.40	49.35	54.95	49.35	1.25 times
14 Thu Nov 2024	51.90	52.50	52.60	48.00	1.714 times
08 Fri Nov 2024	50.25	47.30	50.25	47.30	1 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
06 Fri Dec 2024	56.75	60.90	60.90	55.65	0.349 times
29 Fri Nov 2024	58.50	45.70	59.95	45.70	1.05 times
31 Thu Oct 2024	47.40	65.50	70.50	45.90	1.622 times
22 Mon Apr 2024	35.35	31.85	35.35	28.95	0.698 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_ST)

Price action analysis of Mega Flex ( (MEGAFLEX_ST) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 Weak and stock is losing momentum.

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

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 57.43 and Mega Flex (MEGAFLEX_ST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.