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 2024-10-21 View latest technical analysis

10 day averaged volume of Megatherm Induction is 24200

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	340.90	350.25	362.45	338.30	1.058 times
18 Fri Oct 2024	350.20	356.60	360.00	348.35	0.843 times
17 Thu Oct 2024	358.80	356.50	364.35	352.40	2.116 times
16 Wed Oct 2024	347.00	348.00	352.90	345.20	0.397 times
15 Tue Oct 2024	347.80	340.50	348.80	337.00	0.645 times
14 Mon Oct 2024	341.40	350.10	351.10	340.00	1.041 times
11 Fri Oct 2024	352.00	350.00	356.50	348.00	0.397 times
10 Thu Oct 2024	347.85	357.00	357.00	340.00	1.074 times
09 Wed Oct 2024	354.00	357.95	359.00	350.15	1.025 times
08 Tue Oct 2024	342.05	328.00	343.65	322.50	0.992 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 345.7, but if it comes above 345.7, then a intra day buy could be more profitable.
If you take a sell trade below 345.7, then use 345.7 as stoploss and 294 as target. However if you take a buy trade in stock , then use 345.7 as stoploss and 388.71 as target.

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
Upside Target	353.85
Upside Target	362.45
Upside Target	382.25
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	331.98
Downside Intraday Target	323.07
Upside Intraday Target	356.13
Upside Intraday Target	371.37
Upside Intraday Target	347.22

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	340.90	350.25	362.45	338.30	0.21 times
18 Fri Oct 2024	350.20	350.10	364.35	337.00	1.017 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

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 Megatherm Induction (MEGATHERM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	340.90	328.00	364.35	322.50	0.273 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 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 Megatherm Induction ( (MEGATHERM_SM) ) based on a short to mid 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 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 gaining momentum.

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

Megatherm Induction Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Megatherm Induction 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 349.2 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.