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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 2025-01-16 View latest technical analysis

10 day averaged volume of Megasoft is 341535

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	87.04	87.10	89.80	85.46	0.799 times
15 Wed Jan 2025	87.46	93.00	93.00	87.46	0.681 times
14 Tue Jan 2025	92.07	89.43	94.14	89.43	0.919 times
13 Mon Jan 2025	94.14	94.14	96.98	94.14	0.29 times
10 Fri Jan 2025	99.10	106.25	106.25	99.10	0.645 times
30 Mon Dec 2024	85.32	85.15	89.00	84.90	0.486 times
27 Fri Dec 2024	85.98	87.76	87.76	84.79	0.916 times
26 Thu Dec 2024	89.26	98.59	98.65	89.26	1.836 times
24 Tue Dec 2024	93.96	90.23	93.96	90.23	1.05 times
23 Mon Dec 2024	89.49	89.35	89.49	86.10	1.127 times

My analysis of stock is bullish for shortterm, and stock might move up till 91.7 or till 102.5. Use a stoploss of 82.67 and if this stock hits its stoploss, then it can fall down till 73.65

Share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Target	59.50
Downside Target	61.01
Downside Target	66.50
Downside Target	68.51
Downside Target	72.49
Downside Target	75.00
Downside Target	80.02
Downside Target	84.79
Downside Target	86.28
Upside Target	96.98
Upside Target	98.65
Upside Target	106.25

Intraday share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Intraday Target	82.67
Downside Intraday Target	78.31
Upside Intraday Target	94.19
Upside Intraday Target	101.35
Upside Intraday Target	89.83

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	87.04	94.14	96.98	85.46	2.378 times
10 Fri Jan 2025	99.10	85.15	106.25	84.90	0.229 times
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

Price has moved down 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
16 Thu Jan 2025	87.04	106.25	106.25	85.46	0.215 times
30 Mon Dec 2024	85.32	70.60	98.65	68.51	1.492 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

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

Megasoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 90.13 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.