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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 2025-01-03 View latest technical analysis

10 day averaged volume of Mega Flex is 13200

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	50.25	52.75	52.75	50.25	0.455 times
02 Thu Jan 2025	50.25	55.00	55.00	50.25	0.455 times
31 Tue Dec 2024	52.90	49.00	52.90	49.00	0.455 times
30 Mon Dec 2024	50.75	50.75	50.75	50.75	0.227 times
27 Fri Dec 2024	50.75	50.75	50.75	50.75	0.227 times
24 Tue Dec 2024	53.40	53.00	53.40	53.00	0.682 times
23 Mon Dec 2024	53.20	53.20	53.20	53.20	0.455 times
20 Fri Dec 2024	56.00	56.00	56.00	56.00	0.455 times
19 Thu Dec 2024	57.70	58.60	58.60	56.00	1.136 times
18 Wed Dec 2024	58.80	59.00	59.00	58.70	4.545 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.5, but if it comes above 52.5, then a intra day buy could be more profitable.
If you take a sell trade below 52.5, then use 52.5 as stoploss and 48.4 as target. However if you take a buy trade in stock , then use 52.5 as stoploss and 55.94 as target.

Share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Target	28.95
Downside Target	35.35
Downside Target	45.70
Downside Target	49.00
Downside Target	50.25
Upside Target	53.40
Upside Target	55.00
Upside Target	59.00
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	47.83
Downside Intraday Target	45.42
Upside Intraday Target	53.83
Upside Intraday Target	57.42
Upside Intraday Target	51.42

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	50.25	50.75	55.00	49.00	1.167 times
27 Fri Dec 2024	50.75	53.20	53.40	50.75	0.182 times
20 Fri Dec 2024	56.00	58.25	59.00	56.00	1.32 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

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
03 Fri Jan 2025	50.25	55.00	55.00	50.25	0.045 times
31 Tue Dec 2024	52.90	60.90	60.90	49.00	1.413 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

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 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 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 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 SELL signal for Mega Flex in short term and the sell signal is strong.

Mega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 56.29 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 negative.

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