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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 2025-01-01 View latest technical analysis

10 day averaged volume of Megatherm Induction is 24800

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	339.30	327.00	339.30	318.70	0.532 times
31 Tue Dec 2024	323.15	328.00	328.05	319.20	1.29 times
30 Mon Dec 2024	331.80	333.00	336.45	327.00	0.774 times
27 Fri Dec 2024	333.50	337.45	339.00	330.50	0.419 times
26 Thu Dec 2024	331.65	337.00	337.00	329.50	0.726 times
24 Tue Dec 2024	334.05	338.50	341.50	331.00	0.903 times
23 Mon Dec 2024	334.85	340.50	340.85	331.60	0.919 times
20 Fri Dec 2024	340.25	350.00	350.00	337.05	1 times
19 Thu Dec 2024	348.80	343.55	351.90	340.00	2.194 times
18 Wed Dec 2024	355.90	359.00	362.45	354.70	1.242 times

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 335.2 as stoploss in an intra day buy trade for a target of 351.95. However, stock will show a bearish move below 335.2.

Share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Target	258.65
Downside Target	318.70
Downside Target	329.50
Downside Target	337.05
Upside Target	351.10
Upside Target	364.35
Upside Target	365.00
Upside Target	372.50
Upside Target	382.00
Upside Target	382.25
Upside Target	387.00
Upside Target	483.50

Intraday share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Intraday Target	325.57
Downside Intraday Target	311.83
Upside Intraday Target	346.17
Upside Intraday Target	353.03
Downside Intraday Target	332.43

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	339.30	333.00	339.30	318.70	0.875 times
27 Fri Dec 2024	333.50	340.50	341.50	329.50	0.496 times
20 Fri Dec 2024	340.25	356.50	365.00	337.05	1.016 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

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
01 Wed Jan 2025	339.30	327.00	339.30	318.70	0.02 times
31 Tue Dec 2024	323.15	354.85	387.00	319.20	0.681 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

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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are in or below the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 339.19 and Megatherm Induction (MEGATHERM_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.