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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 2025-02-19 View latest technical analysis

10 day averaged volume of Mega Flex is 11100

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	58.40	52.95	58.40	52.90	2.973 times
18 Tue Feb 2025	55.65	52.50	55.65	51.75	1.351 times
14 Fri Feb 2025	53.00	49.35	53.00	49.35	0.811 times
12 Wed Feb 2025	51.95	54.00	54.00	51.95	0.811 times
11 Tue Feb 2025	54.65	54.65	54.65	54.00	2.432 times
10 Mon Feb 2025	52.05	47.15	52.05	47.15	1.081 times
07 Fri Feb 2025	49.60	44.90	49.60	44.90	0.541 times
06 Thu Feb 2025	47.25	47.25	47.25	47.25	0.27 times
05 Wed Feb 2025	45.00	45.00	45.00	45.00	0.27 times
04 Tue Feb 2025	43.25	40.65	43.25	40.65	0.811 times

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

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 58.6, for a target of 52.6 or 47.67

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	34.05
Downside Target	40.00
Downside Target	45.00
Downside Target	46.05
Downside Target	47.15
Downside Target	48.65
Downside Target	51.75
Downside Target	54.65
Downside Target	58.40
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	53.97
Downside Intraday Target	49.53
Upside Intraday Target	60.62
Upside Intraday Target	62.83
Downside Intraday Target	56.18

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	58.40	52.50	58.40	51.75	0.842 times
14 Fri Feb 2025	53.00	47.15	54.65	47.15	2.714 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

Price has moved up 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 Mega Flex (MEGAFLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	58.40	40.65	58.40	40.65	0.737 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining 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 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 positive zone. This is a BUY 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 53.73 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.