(MEGAFLEX_SM) Mega Flex complete technical analysis [charts+indicators] | Buy/Sell Mega Flex | (MEGAFLEX_SM) share price targets
Complete technical analysis of Mega Flex (MEGAFLEX_SM) by charts plus indicators, forecast predictions and share price targets for Mega Flex (MEGAFLEX_SM)
Showing technical analysis as on 2024-01-04 View latest technical analysis
10 day averaged volume of Mega Flex is 8700
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 37.80 | 37.80 | 37.80 | 37.75 | 1.379 times |
03 Wed Jan 2024 | 36.00 | 35.00 | 36.35 | 35.00 | 1.034 times |
02 Tue Jan 2024 | 34.65 | 33.95 | 34.65 | 33.95 | 2.759 times |
29 Fri Dec 2023 | 33.00 | 32.90 | 33.00 | 32.90 | 1.724 times |
28 Thu Dec 2023 | 31.45 | 31.50 | 31.50 | 31.45 | 0.69 times |
26 Tue Dec 2023 | 31.50 | 32.60 | 32.60 | 31.50 | 0.69 times |
22 Fri Dec 2023 | 31.50 | 33.00 | 33.00 | 31.50 | 0.69 times |
20 Wed Dec 2023 | 32.30 | 34.00 | 34.00 | 32.30 | 1.034 times |
19 Tue Dec 2023 | 34.00 | 34.00 | 34.00 | 34.00 | 0.345 times |
18 Mon Dec 2023 | 33.00 | 33.00 | 33.00 | 33.00 | 0.69 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 37.2, for a target of 35.2 or 33.58
Share price targets for Mega Flex (MEGAFLEX_SM)
Target Type | Value |
Downside Target | 31.45 |
Downside Target | 33.00 |
Downside Target | 33.95 |
Downside Target | 34.80 |
Downside Target | 37.80 |
Upside Target | 40.05 |
Upside Target | 40.90 |
Upside Target | 42.00 |
Upside Target | 50.95 |
Upside Target | 52.45 |
Intraday share price targets for Mega Flex (MEGAFLEX_SM)
Target Type | Value |
Downside Intraday Target | 35.23 |
Downside Intraday Target | 32.67 |
Upside Intraday Target | 39.08 |
Upside Intraday Target | 40.37 |
Downside Intraday Target | 36.52 |
Weekly technical analysis of Mega Flex (MEGAFLEX_SM)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 37.80 | 33.95 | 37.80 | 33.95 | 1.667 times |
29 Fri Dec 2023 | 33.00 | 32.60 | 33.00 | 31.45 | 1.125 times |
22 Fri Dec 2023 | 31.50 | 33.00 | 34.00 | 31.50 | 2.667 times |
15 Fri Dec 2023 | 32.00 | 33.15 | 33.15 | 31.70 | 0.75 times |
08 Fri Dec 2023 | 34.80 | 34.65 | 34.80 | 34.65 | 0.308 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 Mega Flex (MEGAFLEX_SM)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 37.80 | 33.95 | 37.80 | 33.95 | 0.536 times |
29 Fri Dec 2023 | 33.00 | 31.60 | 34.80 | 31.45 | 0.346 times |
30 Thu Nov 2023 | 32.10 | 38.50 | 42.00 | 31.95 | 1.397 times |
31 Tue Oct 2023 | 40.05 | 43.00 | 50.95 | 40.05 | 0.374 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 Mega Flex (MEGAFLEX_SM)
Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mega Flex ( (MEGAFLEX_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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mega Flex in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mega Flex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mega Flex in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mega Flex is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.98 and Mega Flex (MEGAFLEX_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 Mega Flex (MEGAFLEX_SM) stock. Volume based technical analysis of Mega Flex (MEGAFLEX_SM) stock is negative.
Mega Flex Stock is giving positive 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 Mega Flex ( (MEGAFLEX_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mega Flex ( (MEGAFLEX_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mega Flex ( (MEGAFLEX_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 Mega Flex ( (MEGAFLEX_SM) ) 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 Mega Flex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mega Flex in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mega Flex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mega Flex in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mega Flex is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.98 and Mega Flex (MEGAFLEX_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 Mega Flex (MEGAFLEX_SM) stock. Volume based technical analysis of Mega Flex (MEGAFLEX_SM) stock is negative.
Mega Flex Stock is giving positive 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.
Click here for Mega Flex charts
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Daily charts
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