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(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 2024-09-10 View latest technical analysis

10 day averaged volume of Mega Flex is 9000

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	37.00	36.95	37.00	36.00	2.333 times
09 Mon Sep 2024	35.25	36.00	36.00	35.25	0.667 times
06 Fri Sep 2024	34.30	34.30	34.30	34.30	0.333 times
30 Fri Aug 2024	35.70	35.70	35.70	35.70	0.667 times
29 Thu Aug 2024	35.70	35.75	35.75	35.70	2.667 times
28 Wed Aug 2024	37.55	37.55	37.55	37.55	1 times
27 Tue Aug 2024	35.80	35.80	35.80	35.80	0.333 times
26 Mon Aug 2024	34.10	34.65	35.70	34.10	1 times
23 Fri Aug 2024	34.05	35.70	35.70	34.05	1.667 times
21 Wed Aug 2024	35.70	35.70	35.70	35.70	0.667 times

Stock of Mega Flex (MEGAFLEX_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 37.7 or till 39.3. Use a stoploss of 36.3 and if this stock hits its stoploss, then it can fall down till 34.94

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	31.15
Downside Target	33.65
Downside Target	35.25
Downside Target	37.00
Upside Target	37.05
Upside Target	37.55
Upside Target	39.00
Upside Target	39.50
Upside Target	39.95
Upside Target	40.00

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	35.83
Downside Intraday Target	34.67
Upside Intraday Target	37.58
Upside Intraday Target	38.17
Downside Intraday Target	36.42

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	37.00	36.00	37.00	35.25	9 times
06 Fri Sep 2024	34.30	34.30	34.30	34.30	0.059 times
30 Fri Aug 2024	35.70	34.65	37.55	34.10	1.7 times
23 Fri Aug 2024	34.05	37.00	37.05	34.05	1.429 times
16 Fri Aug 2024	35.30	38.40	40.00	35.30	3.5 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
10 Tue Sep 2024	37.00	34.30	37.00	34.30	0.227 times
30 Fri Aug 2024	35.70	37.45	40.00	34.05	1.833 times
31 Wed Jul 2024	35.80	38.50	39.50	35.60	0.545 times
28 Fri Jun 2024	36.95	39.00	39.00	33.65	0.543 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 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 Mega Flex ( (MEGAFLEX_SM) ) based on a short to mid 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 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 Mega Flex stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 weakening, and bulls are picking up momentum!

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 35.68 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 has given negative 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.