Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MEGATHERM_SM) Megatherm Induction complete technical analysis [charts+indicators] | Buy/Sell Megatherm Induction | (MEGATHERM_SM) share price targets

Complete technical analysis of Megatherm Induction (MEGATHERM_SM) by charts plus indicators, forecast predictions and share price targets for Megatherm Induction (MEGATHERM_SM)

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Megatherm Induction is 25520

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	358.80	356.50	364.35	352.40	2.006 times
16 Wed Oct 2024	347.00	348.00	352.90	345.20	0.376 times
15 Tue Oct 2024	347.80	340.50	348.80	337.00	0.611 times
14 Mon Oct 2024	341.40	350.10	351.10	340.00	0.987 times
11 Fri Oct 2024	352.00	350.00	356.50	348.00	0.376 times
10 Thu Oct 2024	347.85	357.00	357.00	340.00	1.019 times
09 Wed Oct 2024	354.00	357.95	359.00	350.15	0.972 times
08 Tue Oct 2024	342.05	328.00	343.65	322.50	0.94 times
15 Mon Jul 2024	409.45	408.00	411.50	399.00	1.395 times
12 Fri Jul 2024	414.15	418.00	422.80	405.70	1.63 times

Stock of Megatherm Induction (MEGATHERM_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 355.3 as stoploss in an intra day buy trade for a target of 397.84. However, stock will show a bearish move below 355.3.

Share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Target	258.05
Downside Target	286.10
Downside Target	322.50
Downside Target	337.00
Downside Target	353.85
Upside Target	364.35
Upside Target	378.05
Upside Target	411.50
Upside Target	431.20
Upside Target	443.65
Upside Target	483.50
Upside Target	490.00

Intraday share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Intraday Target	342.42
Downside Intraday Target	326.03
Upside Intraday Target	369.77
Upside Intraday Target	380.73
Downside Intraday Target	353.38

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	358.80	350.10	364.35	337.00	0.847 times
11 Fri Oct 2024	352.00	408.00	411.50	322.50	0.311 times
12 Fri Jul 2024	414.15	443.65	443.65	382.25	0.905 times
05 Fri Jul 2024	449.90	448.00	483.50	431.20	0.389 times
28 Fri Jun 2024	439.90	398.80	490.00	378.05	2.499 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 Megatherm Induction (MEGATHERM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	358.80	328.00	364.35	322.50	0.219 times
15 Mon Jul 2024	409.45	448.00	483.50	382.25	0.271 times
28 Fri Jun 2024	439.90	363.90	490.00	286.10	1.257 times
31 Fri May 2024	349.00	318.00	367.00	287.00	1.882 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 Megatherm Induction (MEGATHERM_SM)

Price action analysis of Megatherm Induction ( (MEGATHERM_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Megatherm Induction ( (MEGATHERM_SM) ) 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 Megatherm Induction ( (MEGATHERM_SM) ) 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 Megatherm Induction stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Megatherm Induction in short term and the sell signal is strong.

Megatherm Induction 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megatherm Induction 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megatherm Induction is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 368.34 and Megatherm Induction (MEGATHERM_SM) 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 Megatherm Induction (MEGATHERM_SM) stock. Volume based technical analysis of Megatherm Induction (MEGATHERM_SM) stock is negative.

Megatherm Induction 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.