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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 2024-12-11 View latest technical analysis

10 day averaged volume of Mega Flex is 16200

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	58.70	58.70	58.70	58.70	1.111 times
10 Tue Dec 2024	59.40	56.50	59.40	56.50	0.926 times
09 Mon Dec 2024	59.45	59.45	59.45	59.45	1.111 times
06 Fri Dec 2024	56.75	56.75	58.20	56.75	2.037 times
04 Wed Dec 2024	59.70	55.65	59.70	55.65	0.741 times
03 Tue Dec 2024	58.45	58.10	58.45	58.00	0.556 times
02 Mon Dec 2024	60.50	60.90	60.90	60.50	0.741 times
29 Fri Nov 2024	58.50	57.50	59.50	57.50	0.37 times
28 Thu Nov 2024	59.90	59.95	59.95	59.90	0.741 times
27 Wed Nov 2024	57.30	53.45	58.90	53.45	1.667 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 59.4 as stoploss in an intra day sell trade for a target of 55.82. However, stock will show a bullish move above 59.4.

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	48.00
Downside Target	49.35
Downside Target	52.60
Downside Target	54.95
Upside Target	59.45
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	56.98
Downside Intraday Target	55.27
Upside Intraday Target	59.93
Upside Intraday Target	61.17
Downside Intraday Target	58.22

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	58.70	59.45	59.45	56.50	0.773 times
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

Price has moved up 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
11 Wed Dec 2024	58.70	60.90	60.90	55.65	0.619 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 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 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_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 gaining momentum.

MACD generated a SELL signal for Mega Flex in short term but the sell signal is initial and weak.

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 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 and BUY signal is strong.

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 58.49 and Mega Flex (MEGAFLEX_ST) 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_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.