(MELSTAR_BZ) Melstar Information complete technical analysis [charts+indicators] | Buy/Sell Melstar Information | (MELSTAR_BZ) share price targets
Complete technical analysis of Melstar Information (MELSTAR_BZ) by charts plus indicators, forecast predictions and share price targets for Melstar Information (MELSTAR_BZ)
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Melstar Information is 13012
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 5.30 | 5.65 | 5.75 | 5.25 | 3.13 times |
| 29 Thu Feb 2024 | 5.50 | 5.40 | 5.50 | 5.05 | 0.901 times |
| 28 Wed Feb 2024 | 5.25 | 5.35 | 5.60 | 5.10 | 1.602 times |
| 27 Tue Feb 2024 | 5.35 | 5.70 | 5.70 | 5.20 | 3.076 times |
| 26 Mon Feb 2024 | 5.45 | 5.45 | 5.45 | 5.45 | 0.874 times |
| 23 Fri Feb 2024 | 5.20 | 5.20 | 5.20 | 5.20 | 0.143 times |
| 22 Thu Feb 2024 | 5.10 | 5.10 | 5.10 | 5.10 | 0.174 times |
| 21 Wed Feb 2024 | 5.00 | 5.00 | 5.00 | 5.00 | 1.389 times |
| 20 Tue Feb 2024 | 5.10 | 5.10 | 5.10 | 5.10 | 1.538 times |
| 19 Mon Feb 2024 | 5.20 | 5.30 | 5.30 | 5.20 | 0.256 times |
Stock of Melstar Information (MELSTAR_BZ) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 5.1 or till 4.9. Use a stoploss of 5.37 and if the stock hits stoploss, then it can shoot up till 5.6
Share price targets for Melstar Information (MELSTAR_BZ)
| Target Type | Value |
| Downside Target | 2.25 |
| Downside Target | 4.10 |
| Downside Target | 4.30 |
| Downside Target | 4.55 |
| Downside Target | 5.00 |
| Downside Target | 5.25 |
| Upside Target | 5.75 |
| Upside Target | 5.90 |
| Upside Target | 6.00 |
| Upside Target | 6.20 |
| Upside Target | 6.30 |
Intraday share price targets for Melstar Information (MELSTAR_BZ)
| Target Type | Value |
| Downside Intraday Target | 4.98 |
| Downside Intraday Target | 4.67 |
| Upside Intraday Target | 5.68 |
| Upside Intraday Target | 6.07 |
| Upside Intraday Target | 5.37 |
Weekly technical analysis of Melstar Information (MELSTAR_BZ)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 5.30 | 5.45 | 5.75 | 5.05 | 2.739 times |
| 23 Fri Feb 2024 | 5.20 | 5.30 | 5.30 | 5.00 | 1.887 times |
| 16 Fri Feb 2024 | 5.30 | 5.40 | 5.40 | 5.10 | 9.652 times |
| 09 Fri Feb 2024 | 5.50 | 5.90 | 5.90 | 5.50 | 0.179 times |
| 02 Fri Feb 2024 | 6.00 | 6.20 | 6.20 | 6.00 | 0.666 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Melstar Information (MELSTAR_BZ)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 5.30 | 5.65 | 5.75 | 5.25 | 0.261 times |
| 29 Thu Feb 2024 | 5.50 | 6.00 | 6.00 | 5.00 | 1.532 times |
| 31 Wed Jan 2024 | 6.00 | 4.25 | 6.30 | 4.10 | 0.769 times |
| 29 Fri Dec 2023 | 4.25 | 4.15 | 4.55 | 4.10 | 0.466 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 Melstar Information (MELSTAR_BZ)
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) based on a mid to longer 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.
ADX buy sell signal for Melstar Information stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Melstar Information in short term but the sell signal is initial and weak.
Melstar Information 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 in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melstar Information in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Melstar Information is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.27 and Melstar Information (MELSTAR_BZ) 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 Melstar Information (MELSTAR_BZ) stock. Volume based technical analysis of Melstar Information (MELSTAR_BZ) stock is negative.
Melstar Information 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.
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) 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 Melstar Information ( (MELSTAR_BZ) ) based on a mid to longer 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.
ADX buy sell signal for Melstar Information stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Melstar Information in short term but the sell signal is initial and weak.
Melstar Information 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 in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melstar Information in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Melstar Information is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.27 and Melstar Information (MELSTAR_BZ) 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 Melstar Information (MELSTAR_BZ) stock. Volume based technical analysis of Melstar Information (MELSTAR_BZ) stock is negative.
Melstar Information 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.
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Daily charts
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