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 2025-01-07 View latest technical analysis

10 day averaged volume of Megatherm Induction is 23080

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	358.60	348.00	361.90	344.05	1.3 times
06 Mon Jan 2025	349.85	374.00	374.00	349.85	1.231 times
03 Fri Jan 2025	368.25	367.70	373.60	356.60	1.3 times
02 Thu Jan 2025	356.25	349.50	356.25	339.00	1.49 times
01 Wed Jan 2025	339.30	327.00	339.30	318.70	0.572 times
31 Tue Dec 2024	323.15	328.00	328.05	319.20	1.386 times
30 Mon Dec 2024	331.80	333.00	336.45	327.00	0.832 times
27 Fri Dec 2024	333.50	337.45	339.00	330.50	0.451 times
26 Thu Dec 2024	331.65	337.00	337.00	329.50	0.78 times
24 Tue Dec 2024	334.05	338.50	341.50	331.00	0.971 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 365.3 as stoploss in an intra day sell trade for a target of 350.15. However, stock will show a bullish move above 365.3.

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
Downside Target	351.10
Upside Target	364.35
Upside Target	373.60
Upside Target	374.00
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	343.77
Downside Intraday Target	328.93
Upside Intraday Target	373.72
Upside Intraday Target	388.83
Upside Intraday Target	358.88

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	358.60	374.00	374.00	344.05	0.453 times
03 Fri Jan 2025	368.25	333.00	373.60	318.70	1.75 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

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
07 Tue Jan 2025	358.60	327.00	374.00	318.70	0.209 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Megatherm Induction in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Megatherm Induction in short term but SELL 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 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 344.99 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 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 is giving positive 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.