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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 2025-02-12 View latest technical analysis

10 day averaged volume of Mega Flex is 12600

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	51.95	54.00	54.00	51.95	0.714 times
11 Tue Feb 2025	54.65	54.65	54.65	54.00	2.143 times
10 Mon Feb 2025	52.05	47.15	52.05	47.15	0.952 times
07 Fri Feb 2025	49.60	44.90	49.60	44.90	0.476 times
06 Thu Feb 2025	47.25	47.25	47.25	47.25	0.238 times
05 Wed Feb 2025	45.00	45.00	45.00	45.00	0.238 times
04 Tue Feb 2025	43.25	40.65	43.25	40.65	0.714 times
31 Fri Jan 2025	40.75	43.80	43.80	40.00	1.429 times
30 Thu Jan 2025	41.75	42.00	42.00	41.65	0.952 times
29 Wed Jan 2025	43.80	40.75	43.80	40.75	1.905 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.8, but if it comes below 49.8, then a intra day sell could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 46.19 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 54.1 as target.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	34.05
Downside Target	40.00
Downside Target	41.70
Downside Target	45.00
Downside Target	46.05
Downside Target	47.15
Downside Target	48.65
Downside Target	49.60
Upside Target	54.65
Upside Target	63.75
Upside Target	64.20
Upside Target	75.00

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	47.85
Downside Intraday Target	43.75
Upside Intraday Target	55.35
Upside Intraday Target	58.75
Downside Intraday Target	51.25

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	51.95	47.15	54.65	47.15	2.286 times
07 Fri Feb 2025	49.60	40.65	49.60	40.65	0.179 times
31 Fri Jan 2025	40.75	43.75	45.00	40.00	7.8 times
24 Fri Jan 2025	46.05	46.15	48.65	46.05	0.385 times
17 Fri Jan 2025	44.00	47.70	47.70	41.70	0.371 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
12 Wed Feb 2025	51.95	40.65	54.65	40.65	0.404 times
31 Fri Jan 2025	40.75	47.70	48.65	40.00	0.504 times
07 Mon Oct 2024	68.95	66.90	75.00	64.20	0.335 times
30 Mon Sep 2024	63.75	34.30	63.75	34.30	7.659 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mega Flex in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mega Flex in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mega Flex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.