(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 2024-03-12 View latest technical analysis
10 day averaged volume of Melstar Information is 21587
Date | Daily Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 5.05 | 5.50 | 5.50 | 5.05 | 0.451 times |
11 Mon Mar 2024 | 5.30 | 5.50 | 5.50 | 5.00 | 0.107 times |
07 Thu Mar 2024 | 5.25 | 5.70 | 5.75 | 5.25 | 2.764 times |
06 Wed Mar 2024 | 5.50 | 5.50 | 5.50 | 5.00 | 0.521 times |
05 Tue Mar 2024 | 5.25 | 5.30 | 5.30 | 4.80 | 0.754 times |
04 Mon Mar 2024 | 5.05 | 5.30 | 5.55 | 5.05 | 0.544 times |
02 Sat Mar 2024 | 5.30 | 5.30 | 5.30 | 5.30 | 0.06 times |
01 Fri Mar 2024 | 5.30 | 5.65 | 5.75 | 5.25 | 1.887 times |
29 Thu Feb 2024 | 5.50 | 5.40 | 5.50 | 5.05 | 0.543 times |
28 Wed Feb 2024 | 5.25 | 5.35 | 5.60 | 5.10 | 0.965 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.1, but if it comes above 5.1, then a intra day buy could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.9 as target. However if you take a buy trade in stock , then use 5.1 as stoploss and 5.25 as target.
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 | 4.80 |
Downside Target | 5.00 |
Upside Target | 5.30 |
Upside Target | 5.50 |
Upside Target | 5.75 |
Upside Target | 6.00 |
Upside Target | 6.30 |
Intraday share price targets for Melstar Information (MELSTAR_BZ)
Target Type | Value |
Downside Intraday Target | 4.87 |
Downside Intraday Target | 4.68 |
Upside Intraday Target | 5.37 |
Upside Intraday Target | 5.68 |
Upside Intraday Target | 5.18 |
Weekly technical analysis of Melstar Information (MELSTAR_BZ)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 5.05 | 5.50 | 5.50 | 5.00 | 0.122 times |
07 Thu Mar 2024 | 5.25 | 5.30 | 5.75 | 4.80 | 0.785 times |
02 Sat Mar 2024 | 5.30 | 5.45 | 5.75 | 5.05 | 2.767 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 |
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 Melstar Information (MELSTAR_BZ)
Date | Monthly Closing Price | Open | High | Low | Volume |
12 Tue Mar 2024 | 5.05 | 5.65 | 5.75 | 4.80 | 0.98 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 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 Melstar Information ( (MELSTAR_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Melstar Information in short term and SELL signal is strong!
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 Melstar Information is picking up buying 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 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 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 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 Melstar Information ( (MELSTAR_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melstar Information ( (MELSTAR_BZ) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Melstar Information in short term and SELL signal is strong!
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 Melstar Information is picking up buying 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 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 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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