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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)

10 day averaged volume of Megasoft is 249630

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	69.84	69.15	71.70	69.15	0.222 times
18 Mon Nov 2024	69.27	71.99	71.99	69.00	0.309 times
14 Thu Nov 2024	71.74	68.40	72.00	68.40	0.474 times
13 Wed Nov 2024	69.83	71.01	72.95	69.80	0.574 times
12 Tue Nov 2024	73.48	75.32	76.99	73.45	0.556 times
11 Mon Nov 2024	77.32	77.95	79.00	74.35	0.877 times
08 Fri Nov 2024	78.19	79.54	79.89	77.50	0.957 times
07 Thu Nov 2024	80.02	76.90	80.02	76.90	2.668 times
06 Wed Nov 2024	76.21	74.60	76.50	74.00	1.089 times
05 Tue Nov 2024	74.38	75.67	75.67	72.33	0.624 times

My analysis of stock is bearish for shortterm, and stock might move down till 67.6 or till 62.8. Use a stoploss of 71.63 and if the stock hits stoploss, then it can shoot up till 75.65

Share price targets for Megasoft (MEGASOFT_BE)

Target Type	Value
Downside Target	47.00
Downside Target	56.65
Downside Target	59.50
Downside Target	61.01
Downside Target	62.50
Downside Target	65.40
Downside Target	67.15
Upside Target	72.49
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	68.56
Downside Intraday Target	67.29
Upside Intraday Target	71.55
Upside Intraday Target	73.27
Upside Intraday Target	70.28

Weekly technical analysis of Megasoft (MEGASOFT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	69.84	71.99	71.99	69.00	0.214 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
01 Fri Nov 2024	72.37	65.00	72.39	62.50	0.52 times
25 Fri Oct 2024	65.40	65.76	72.49	65.40	4.268 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
19 Tue Nov 2024	69.84	71.70	80.02	68.40	1.159 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
31 Wed Jan 2024	59.35	68.45	71.00	56.65	1.149 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 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 SELL. Signal strength is Weak 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 moving up

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

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 76.33 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 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.