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 2024-12-04 View latest technical analysis

10 day averaged volume of Megasoft is 83353

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	71.10	70.00	72.50	70.00	0.938 times
03 Tue Dec 2024	70.78	69.01	71.70	69.01	1.338 times
02 Mon Dec 2024	69.76	70.60	70.60	69.01	0.815 times
29 Fri Nov 2024	71.19	67.30	71.20	66.77	2.475 times
28 Thu Nov 2024	67.81	68.80	68.80	67.10	0.734 times
27 Wed Nov 2024	68.10	68.11	69.65	67.50	0.902 times
26 Tue Nov 2024	69.08	69.49	69.50	68.00	0.52 times
25 Mon Nov 2024	67.69	70.85	70.85	67.50	0.895 times
22 Fri Nov 2024	68.13	67.00	68.70	66.50	0.631 times
21 Thu Nov 2024	67.47	71.45	71.45	67.00	1.025 times

My analysis of stock is bearish for shortterm, and stock might move down till 67.9 or till 63.4. Use a stoploss of 71.57 and if the stock hits stoploss, then it can shoot up till 75.26

Share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Target	56.65
Downside Target	59.50
Downside Target	61.01
Downside Target	66.50
Downside Target	68.40
Upside Target	72.49
Upside Target	72.50
Upside Target	75.00
Upside Target	79.00
Upside Target	80.02

Intraday share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Intraday Target	69.24
Downside Intraday Target	67.38
Upside Intraday Target	72.73
Upside Intraday Target	74.36
Downside Intraday Target	70.87

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	71.10	70.60	72.50	69.01	0.559 times
29 Fri Nov 2024	71.19	70.85	71.20	66.77	1.703 times
22 Fri Nov 2024	68.13	71.99	71.99	66.50	0.437 times
14 Thu Nov 2024	71.74	77.95	79.00	68.40	0.344 times
08 Fri Nov 2024	78.19	73.10	80.02	70.00	2.368 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 Megasoft (MEGASOFT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	71.10	70.60	72.50	69.01	0.073 times
29 Fri Nov 2024	71.19	71.70	80.02	66.50	1.394 times
31 Thu Oct 2024	68.95	66.00	72.49	61.01	1.173 times
16 Fri Feb 2024	69.55	60.25	75.00	59.50	0.615 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megasoft in short term but the sell signal is initial and weak.

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

Megasoft Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Megasoft in short term and BUY 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 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 69.53 and Megasoft (MEGASOFT_BE) 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 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.