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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 2024-12-19 View latest technical analysis

10 day averaged volume of Mega Flex is 20700

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	57.70	58.60	58.60	56.00	0.725 times
18 Wed Dec 2024	58.80	59.00	59.00	58.70	2.899 times
17 Tue Dec 2024	58.25	58.25	58.25	58.25	0.87 times
13 Fri Dec 2024	55.60	55.10	55.60	55.10	0.435 times
12 Thu Dec 2024	58.00	59.30	59.30	58.00	0.725 times
11 Wed Dec 2024	58.70	58.70	58.70	58.70	0.87 times
10 Tue Dec 2024	59.40	56.50	59.40	56.50	0.725 times
09 Mon Dec 2024	59.45	59.45	59.45	59.45	0.87 times
06 Fri Dec 2024	56.75	56.75	58.20	56.75	1.594 times
04 Wed Dec 2024	59.70	55.65	59.70	55.65	0.58 times

My analysis of stock is bullish for shortterm, and stock might move up till 59.6 or till 62. Use a stoploss of 57.53 and if this stock hits its stoploss, then it can fall down till 55.48

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	49.35
Downside Target	52.70
Downside Target	54.95
Upside Target	59.00
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	56.13
Downside Intraday Target	54.57
Upside Intraday Target	59.13
Upside Intraday Target	60.57
Downside Intraday Target	57.57

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	57.70	58.25	59.00	56.00	1.24 times
13 Fri Dec 2024	55.60	59.45	59.45	55.10	1.136 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

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
19 Thu Dec 2024	57.70	60.90	60.90	55.10	1.238 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 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 Strong 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 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 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 SELL signal for Mega Flex in short term and SELL 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 58.31 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 has given negative 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.