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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)

10 day averaged volume of Mega Flex is 9600

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	54.80	54.80	54.80	54.80	0.625 times
18 Mon Nov 2024	53.80	49.35	53.80	49.35	1.25 times
14 Thu Nov 2024	51.90	50.10	52.60	50.10	2.188 times
11 Mon Nov 2024	50.30	52.50	52.60	48.00	1.563 times
08 Fri Nov 2024	50.25	50.25	50.25	50.25	0.625 times
07 Thu Nov 2024	47.90	47.90	47.90	47.90	0.313 times
05 Tue Nov 2024	47.90	47.90	47.90	47.90	0.313 times
04 Mon Nov 2024	47.30	47.30	47.30	47.30	0.938 times
01 Fri Nov 2024	49.75	45.70	49.75	45.70	0.625 times
31 Thu Oct 2024	47.40	49.85	49.85	45.90	1.563 times

My analysis of stock is bullish for shortterm, and stock might move up till 58 or till 64.3. Use a stoploss of 52.79 and if this stock hits its stoploss, then it can fall down till 47.56

Share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Target	28.95
Downside Target	29.95
Downside Target	34.00
Downside Target	35.35
Downside Target	42.70
Downside Target	45.70
Downside Target	47.30
Downside Target	49.35
Downside Target	50.25
Downside Target	52.60
Downside Target	54.80
Upside Target	56.90
Upside Target	70.50

Intraday share price targets for Mega Flex (MEGAFLEX_ST)

Target Type	Value
Downside Intraday Target	51.17
Downside Intraday Target	47.53
Upside Intraday Target	56.62
Upside Intraday Target	58.43
Downside Intraday Target	52.98

Weekly technical analysis of Mega Flex (MEGAFLEX_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	54.80	49.35	54.80	49.35	0.5 times
14 Thu Nov 2024	51.90	52.50	52.60	48.00	1.714 times
08 Fri Nov 2024	50.25	47.30	50.25	47.30	1 times
01 Fri Nov 2024	49.75	49.85	49.85	45.70	0.35 times
25 Fri Oct 2024	47.50	56.90	56.90	47.50	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 Tue Nov 2024	54.80	45.70	54.80	45.70	0.45 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
28 Thu Mar 2024	30.35	33.95	34.25	29.95	2.208 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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is gaining 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 moving up

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 but buying is losing 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 50.45 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.