(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 64615
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Dec 2023 | 48.00 | 47.20 | 48.00 | 47.20 | 1.179 times |
| 07 Thu Dec 2023 | 48.00 | 48.00 | 48.00 | 47.10 | 1.528 times |
| 06 Wed Dec 2023 | 48.05 | 48.20 | 48.20 | 48.00 | 0.629 times |
| 05 Tue Dec 2023 | 48.20 | 49.10 | 49.10 | 48.20 | 0.462 times |
| 04 Mon Dec 2023 | 49.10 | 49.95 | 49.95 | 49.10 | 0.919 times |
| 01 Fri Dec 2023 | 49.00 | 49.00 | 49.50 | 49.00 | 0.608 times |
| 30 Thu Nov 2023 | 50.00 | 50.00 | 50.05 | 50.00 | 1.022 times |
| 29 Wed Nov 2023 | 50.60 | 50.20 | 50.60 | 50.00 | 1.584 times |
| 28 Tue Nov 2023 | 50.00 | 50.00 | 50.15 | 50.00 | 1.201 times |
| 24 Fri Nov 2023 | 50.45 | 50.15 | 50.45 | 50.00 | 0.673 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 47.2 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 50.09 as target.
Share price targets for Megasoft (MEGASOFT_BE)
| Target Type | Value |
| Downside Target | 41.00 |
| Downside Target | 42.00 |
| Downside Target | 43.05 |
| Downside Target | 45.20 |
| Downside Target | 47.10 |
| Upside Target | 49.00 |
| Upside Target | 50.60 |
| Upside Target | 51.90 |
| Upside Target | 52.00 |
| Upside Target | 52.10 |
| Upside Target | 53.00 |
| Upside Target | 54.10 |
Intraday share price targets for Megasoft (MEGASOFT_BE)
| Target Type | Value |
| Downside Intraday Target | 46.75 |
| Downside Intraday Target | 45.5 |
| Upside Intraday Target | 49.6 |
| Upside Intraday Target | 51.2 |
| Upside Intraday Target | 48.35 |
Weekly technical analysis of Megasoft (MEGASOFT_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Dec 2023 | 48.00 | 49.95 | 49.95 | 47.10 | 1.068 times |
| 01 Fri Dec 2023 | 49.00 | 50.00 | 50.60 | 49.00 | 0.407 times |
| 24 Fri Nov 2023 | 50.45 | 49.00 | 52.00 | 49.00 | 1.955 times |
| 17 Fri Nov 2023 | 50.00 | 51.05 | 53.00 | 50.00 | 0.36 times |
| 10 Fri Nov 2023 | 50.10 | 47.00 | 54.10 | 45.20 | 3.411 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 |
| 08 Fri Dec 2023 | 48.00 | 49.00 | 49.95 | 47.10 | 0.138 times |
| 30 Thu Nov 2023 | 50.00 | 44.60 | 54.10 | 43.30 | 1.253 times |
| 31 Tue Oct 2023 | 44.75 | 49.45 | 50.60 | 41.00 | 0.791 times |
| 29 Fri Sep 2023 | 50.45 | 44.10 | 52.10 | 42.00 | 1.906 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Megasoft stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls 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 buy signal for Megasoft in short term but BUY 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
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 49.22 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.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Megasoft stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls 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 buy signal for Megasoft in short term but BUY 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
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 49.22 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.
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