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(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 2024-12-20 View latest technical analysis

10 day averaged volume of Megasoft is 239750

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	85.23	81.40	86.28	81.40	2.921 times
19 Thu Dec 2024	82.18	76.25	82.18	76.25	2.654 times
18 Wed Dec 2024	78.27	76.50	80.40	76.45	1.363 times
17 Tue Dec 2024	76.64	74.95	76.83	73.00	2.265 times
16 Mon Dec 2024	73.18	69.26	73.64	69.10	0.831 times
13 Fri Dec 2024	70.18	70.02	71.39	69.00	0.456 times
12 Thu Dec 2024	70.81	70.02	72.45	69.99	0.355 times
11 Wed Dec 2024	70.67	72.39	72.90	70.20	0.343 times
10 Tue Dec 2024	71.17	72.90	72.94	70.50	0.618 times
09 Mon Dec 2024	71.15	69.89	72.55	69.00	0.781 times

Stock of Megasoft (MEGASOFT_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 82.4, for a target of 76.8 or 72.19

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	68.51
Downside Target	71.00
Downside Target	72.49
Downside Target	72.50
Downside Target	72.94
Downside Target	75.00
Downside Target	80.02
Upside Target	86.28

Intraday share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Intraday Target	74.13
Downside Intraday Target	63.02
Upside Intraday Target	91.31
Upside Intraday Target	97.38
Downside Intraday Target	80.2

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	85.23	69.26	86.28	69.10	3.931 times
13 Fri Dec 2024	70.18	69.89	72.94	69.00	1.42 times
06 Fri Dec 2024	69.10	70.60	72.50	68.51	0.936 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

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 Megasoft (MEGASOFT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	85.23	70.60	86.28	68.51	0.972 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 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 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 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 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 Megasoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megasoft 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.

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 above 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 BUY signal in short term and the buying is gaining 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 78.58 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.