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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 2025-02-21 View latest technical analysis

10 day averaged volume of Mega Flex is 7500

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	59.45	57.95	61.20	57.95	5.2 times
20 Thu Feb 2025	61.00	60.95	61.30	60.95	4 times
09 Thu Jan 2025	50.15	50.15	50.15	50.15	0.4 times
06 Mon Jan 2025	47.80	47.80	47.80	47.80	0.4 times
03 Fri Jan 2025	50.25	52.75	52.75	50.25	0.8 times
02 Thu Jan 2025	50.25	55.00	55.00	50.25	0.8 times
31 Tue Dec 2024	52.90	49.00	52.90	49.00	0.8 times
30 Mon Dec 2024	50.75	50.75	50.75	50.75	0.4 times
27 Fri Dec 2024	50.75	50.75	50.75	50.75	0.4 times
24 Tue Dec 2024	53.40	53.00	53.40	53.00	1.2 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 trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.1, but if it comes below 59.1, then a intra day sell could be more profitable.
If you take a sell trade below 59.1, then use 59.1 as stoploss and 55.09 as target. However if you take a buy trade in stock , then use 59.1 as stoploss and 63.9 as target.

Share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Target	45.70
Downside Target	47.80
Downside Target	49.00
Downside Target	50.15
Downside Target	53.40
Downside Target	55.00
Downside Target	57.95
Downside Target	59.00
Upside Target	59.95
Upside Target	60.90
Upside Target	61.30
Upside Target	70.50

Intraday share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Intraday Target	57.83
Downside Intraday Target	56.22
Upside Intraday Target	61.18
Upside Intraday Target	62.92
Upside Intraday Target	59.57

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	59.45	60.95	61.30	57.95	11.5 times
09 Thu Jan 2025	50.15	47.80	50.15	47.80	0.286 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	59.45	60.95	61.30	57.95	3.833 times
09 Thu Jan 2025	50.15	55.00	55.00	47.80	0.067 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mega Flex stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 SELL signal for Mega Flex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 56.93 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.