Homepage Active Options Active Stocks

Stock analysis Megasoft Limited MEGASOFT

More indepth analysis on MunafaSutra.com

Moving Averages for Megasoft Limited

  • 5Day Average: 101.1
  • 12Day Average: 86.56
  • 20Day Average: 79.16
  • 50Day Average: 66.95
  • 100Day Average: 67.52
  • 150Day Average: 70.09
  • 200Day Average: 67.09

MEGASOFT Indicators & signals

Indicator MACD (12,26,9)

90.36, 79.49, 7.57
Indicator MACD is in positive zone

Indicator ADX (14)

71.01, 47.38, 8.03
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 68
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MEGASOFT Megasoft Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Thu Jan 2025 104.32 103.11 to 111.00 -2.35% 1.17 times
08 Wed Jan 2025 106.83 97.27 to 107.50 4.34% 1.84 times
07 Tue Jan 2025 102.39 98.77 to 102.39 4.99% 1.71 times
06 Mon Jan 2025 97.52 92.00 to 99.18 3.24% 2.31 times
03 Fri Jan 2025 94.46 89.96 to 94.46 4.99% 1.21 times
02 Thu Jan 2025 89.97 86.73 to 90.45 2.23% 0.43 times
01 Wed Jan 2025 88.01 87.04 to 92.78 -0.41% 1.03 times
31 Tue Dec 2024 88.37 84.01 to 88.50 37.2% 0.31 times
07 Mon Oct 2024 64.41 64.34 to 68.94 -4.9% 0.35 times
04 Fri Oct 2024 67.73 64.30 to 68.93 2.81% 0.49 times
03 Thu Oct 2024 65.88 65.55 to 68.69 -4.22% 0.33 times
01 Tue Oct 2024 68.78 67.65 to 69.50 1.97% 0.44 times

Technical analysis forecast of Megasoft Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Megasoft Limited MEGASOFT at this time. Stock is rising and might rise more.

It appears as if Megasoft Limited MEGASOFT gave a large move recently.

Stock of Megasoft Limited (MEGASOFT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Megasoft Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Megasoft Limited stays above 98.1, but if it comes below 98.1, then a intra day sell could be more profitable.
If you take a sell trade below 98.1, then use 98.1 as stoploss and 83.02 as target. However if you take a buy trade in Megasoft Limited, then use 98.1 as stoploss and 116.3 as target.

More indepth analysis on MunafaSutra.com