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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 2024-12-27 View latest technical analysis

10 day averaged volume of Megasoft is 397069

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	85.98	87.76	87.76	84.79	0.788 times
26 Thu Dec 2024	89.26	98.59	98.65	89.26	1.58 times
24 Tue Dec 2024	93.96	90.23	93.96	90.23	0.903 times
23 Mon Dec 2024	89.49	89.35	89.49	86.10	0.969 times
20 Fri Dec 2024	85.23	81.40	86.28	81.40	1.764 times
19 Thu Dec 2024	82.18	76.25	82.18	76.25	1.603 times
18 Wed Dec 2024	78.27	76.50	80.40	76.45	0.823 times
17 Tue Dec 2024	76.64	74.95	76.83	73.00	1.367 times
16 Mon Dec 2024	73.18	69.26	73.64	69.10	0.502 times
13 Fri Dec 2024	70.18	70.02	71.39	69.00	0.275 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 84.4, but if it comes below 84.4, then a intra day sell could be more profitable.
If you take a sell trade below 84.4, then use 84.4 as stoploss and 76.49 as target. However if you take a buy trade in stock , then use 84.4 as stoploss and 93.9 as target.

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	72.94
Downside Target	75.00
Downside Target	80.02
Downside Target	84.79
Upside Target	86.28
Upside Target	98.65

Intraday share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Intraday Target	80.96
Downside Intraday Target	75.95
Upside Intraday Target	94.82
Upside Intraday Target	103.67
Upside Intraday Target	89.81

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	85.98	89.35	98.65	84.79	0.7 times
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

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
27 Fri Dec 2024	85.98	70.60	98.65	68.51	1.446 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 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 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 losing momentum.

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

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 coming down

CCI has generated a SELL signal for Megasoft in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Megasoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 83.95 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.