Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MEGASOFT_BE) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (MEGASOFT_BE) share price targets

Complete technical analysis of Megasoft (MEGASOFT_BE) by charts plus indicators, forecast predictions and share price targets for Megasoft (MEGASOFT_BE)

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Megasoft is 180323

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	66.71	65.00	67.90	62.50	0.791 times
25 Fri Oct 2024	65.40	67.10	71.45	65.40	1.242 times
24 Thu Oct 2024	68.85	71.01	72.48	68.85	2.447 times
23 Wed Oct 2024	72.48	72.49	72.49	67.30	3.559 times
22 Tue Oct 2024	69.04	69.04	69.04	69.04	0.665 times
21 Mon Oct 2024	65.76	65.76	65.76	65.76	0.189 times
18 Fri Oct 2024	62.63	61.51	63.99	61.01	0.249 times
17 Thu Oct 2024	62.35	62.97	65.50	61.51	0.609 times
16 Wed Oct 2024	62.97	61.65	63.83	61.22	0.339 times
15 Tue Oct 2024	62.83	63.10	64.70	61.50	0.363 times

My analysis of stock is bullish for shortterm, and stock might move up till 68.3 or till 71.5. Use a stoploss of 65.68 and if this stock hits its stoploss, then it can fall down till 63.04

Share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Target	43.30
Downside Target	47.00
Downside Target	54.10
Downside Target	56.65
Downside Target	59.50
Downside Target	61.01
Downside Target	65.40
Upside Target	67.15
Upside Target	68.38
Upside Target	69.55
Upside Target	71.00
Upside Target	72.49
Upside Target	75.00

Intraday share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Intraday Target	63.51
Downside Intraday Target	60.3
Upside Intraday Target	68.91
Upside Intraday Target	71.1
Downside Intraday Target	65.7

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	66.71	65.00	67.90	62.50	0.098 times
25 Fri Oct 2024	65.40	65.76	72.49	65.40	4.268 times
18 Fri Oct 2024	62.63	64.75	65.50	61.01	0.894 times
11 Fri Oct 2024	65.39	66.00	68.38	61.31	0.431 times
16 Fri Feb 2024	69.55	65.90	69.55	59.50	0.883 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 Megasoft (MEGASOFT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	66.71	66.00	72.49	61.01	1.072 times
16 Fri Feb 2024	69.55	60.25	75.00	59.50	0.615 times
31 Wed Jan 2024	59.35	68.45	71.00	56.65	1.149 times
29 Fri Dec 2023	67.15	49.00	67.15	47.00	1.232 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 Megasoft (MEGASOFT_BE)

Price action analysis of Megasoft ( (MEGASOFT_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megasoft ( (MEGASOFT_BE) ) 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 Megasoft ( (MEGASOFT_BE) ) 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 Megasoft ( (MEGASOFT_BE) ) based on a mid to longer 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.

ADX buy sell signal for Megasoft stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Megasoft 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Megasoft 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 negative zone. This is the SELL zone

Stock of Megasoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.54 and Megasoft (MEGASOFT_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Megasoft (MEGASOFT_BE) stock. Volume based technical analysis of Megasoft (MEGASOFT_BE) stock is negative.

Megasoft 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.