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(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 2024-12-17 View latest technical analysis

10 day averaged volume of Megatherm Induction is 36200

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	357.20	355.00	364.00	355.00	0.365 times
16 Mon Dec 2024	361.70	356.50	365.00	355.30	0.696 times
13 Fri Dec 2024	365.00	363.00	368.45	351.10	0.707 times
12 Thu Dec 2024	369.45	370.00	379.90	365.00	0.442 times
11 Wed Dec 2024	368.15	379.00	386.90	366.15	0.508 times
10 Tue Dec 2024	375.20	384.00	387.00	375.20	0.674 times
09 Mon Dec 2024	383.05	374.80	385.00	373.00	1.702 times
06 Fri Dec 2024	367.20	360.00	370.00	346.00	1.37 times
05 Thu Dec 2024	358.25	361.40	367.90	356.00	0.807 times
04 Wed Dec 2024	360.50	372.50	372.50	358.60	1.812 times

My analysis of stock is bullish for shortterm, and stock might move up till 376.1 or till 416.9. Use a stoploss of 342.08 and if this stock hits its stoploss, then it can fall down till 308.07

Share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Target	258.65
Downside Target	285.30
Downside Target	305.40
Downside Target	320.00
Downside Target	338.20
Downside Target	351.10
Upside Target	364.35
Upside Target	372.50
Upside Target	382.00
Upside Target	382.25
Upside Target	387.00
Upside Target	483.50
Upside Target	490.00

Intraday share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Intraday Target	353.13
Downside Intraday Target	349.07
Upside Intraday Target	363.13
Upside Intraday Target	369.07
Upside Intraday Target	359.07

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	357.20	356.50	365.00	355.00	0.263 times
13 Fri Dec 2024	365.00	374.80	387.00	351.10	0.63 times
06 Fri Dec 2024	367.20	354.85	372.50	338.20	0.813 times
29 Fri Nov 2024	353.25	285.30	355.50	285.30	0.779 times
22 Fri Nov 2024	280.20	300.80	305.40	258.65	2.47 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
17 Tue Dec 2024	357.20	354.85	387.00	338.20	0.435 times
29 Fri Nov 2024	353.25	342.00	382.00	258.65	2.214 times
31 Thu Oct 2024	342.00	328.00	364.35	320.00	0.508 times
15 Mon Jul 2024	409.45	448.00	483.50	382.25	0.271 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 Megatherm Induction (MEGATHERM_SM)

Price action analysis of Megatherm Induction ( (MEGATHERM_SM) ) 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 Megatherm Induction ( (MEGATHERM_SM) ) 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Megatherm Induction in short term and the buy 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 367.8 and Megatherm Induction (MEGATHERM_SM) 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 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.