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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 2025-01-06 View latest technical analysis

10 day averaged volume of Mega Flex is 12000

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	47.80	47.80	47.80	47.80	0.25 times
03 Fri Jan 2025	50.25	52.75	52.75	50.25	0.5 times
02 Thu Jan 2025	50.25	55.00	55.00	50.25	0.5 times
31 Tue Dec 2024	52.90	49.00	52.90	49.00	0.5 times
30 Mon Dec 2024	50.75	50.75	50.75	50.75	0.25 times
27 Fri Dec 2024	50.75	50.75	50.75	50.75	0.25 times
24 Tue Dec 2024	53.40	53.00	53.40	53.00	0.75 times
23 Mon Dec 2024	53.20	53.20	53.20	53.20	0.5 times
20 Fri Dec 2024	56.00	56.00	56.00	56.00	0.5 times
19 Thu Dec 2024	57.70	58.60	58.60	56.00	1.25 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.2, for a target of 51.6 or 55.31

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	47.80
Upside Target	49.00
Upside Target	50.75
Upside Target	53.40
Upside Target	55.00
Upside Target	56.00
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	47.8
Downside Intraday Target	47.8
Downside Intraday Target	47.8
Downside Intraday Target	47.8
Downside Intraday Target	47.8

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	47.80	47.80	47.80	47.80	0.143 times
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

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 Mon Jan 2025	47.80	55.00	55.00	47.80	0.056 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 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 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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 53.49 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.