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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 2025-01-24 View latest technical analysis

10 day averaged volume of Megasoft is 193115

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	79.14	81.99	82.05	78.50	0.741 times
23 Thu Jan 2025	81.46	81.10	84.00	79.10	0.701 times
22 Wed Jan 2025	82.50	86.30	86.39	82.50	0.729 times
21 Tue Jan 2025	86.85	90.00	91.45	85.99	1.035 times
20 Mon Jan 2025	90.34	85.20	90.54	82.00	1.255 times
17 Fri Jan 2025	86.23	88.95	88.95	85.75	0.383 times
16 Thu Jan 2025	87.04	87.10	89.80	85.46	1.412 times
15 Wed Jan 2025	87.46	93.00	93.00	87.46	1.205 times
14 Tue Jan 2025	92.07	89.43	94.14	89.43	1.624 times
13 Mon Jan 2025	94.14	94.14	96.98	94.14	0.513 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.1, but if it comes above 81.1, then a intra day buy could be more profitable.
If you take a sell trade below 81.1, then use 81.1 as stoploss and 74.4 as target. However if you take a buy trade in stock , then use 81.1 as stoploss and 86.63 as target.

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	78.50
Upside Target	84.79
Upside Target	91.45
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	74.61
Downside Intraday Target	70.08
Upside Intraday Target	87.56
Upside Intraday Target	95.98
Upside Intraday Target	83.03

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	79.14	85.20	91.45	78.50	0.868 times
17 Fri Jan 2025	86.23	94.14	96.98	85.46	2.569 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

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
24 Fri Jan 2025	79.14	106.25	106.25	78.50	0.392 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 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 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 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 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 SELL. 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.

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 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 87.34 and Megasoft (MEGASOFT_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.