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(MEGATHERM_SM) Megatherm Induction complete technical analysis [charts+indicators] | Buy/Sell Megatherm Induction | (MEGATHERM_SM) share price targets

Complete technical analysis of Megatherm Induction (MEGATHERM_SM) by charts plus indicators, forecast predictions and share price targets for Megatherm Induction (MEGATHERM_SM)

Showing technical analysis as on 2025-02-06 View latest technical analysis

10 day averaged volume of Megatherm Induction is 18080

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	300.15	305.95	311.85	300.15	1.637 times
05 Wed Feb 2025	299.65	308.00	309.70	299.00	0.509 times
04 Tue Feb 2025	300.00	305.00	306.65	299.95	0.708 times
03 Mon Feb 2025	296.65	294.00	314.90	294.00	1.15 times
31 Fri Jan 2025	302.20	305.95	309.75	301.00	0.841 times
30 Thu Jan 2025	302.75	306.95	307.00	302.75	0.442 times
29 Wed Jan 2025	305.75	299.85	311.00	299.85	0.619 times
28 Tue Jan 2025	299.85	296.35	308.95	288.60	2.832 times
27 Mon Jan 2025	303.75	304.05	305.05	303.75	1.239 times
24 Fri Jan 2025	319.70	325.00	325.05	318.05	0.841 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 301.6, but if it comes above 301.6, then a intra day buy could be more profitable.
If you take a sell trade below 301.6, then use 301.6 as stoploss and 280.9 as target. However if you take a buy trade in stock , then use 301.6 as stoploss and 318.82 as target.

Share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Target	258.65
Downside Target	288.60
Upside Target	311.00
Upside Target	344.05
Upside Target	348.85
Upside Target	349.80
Upside Target	364.35
Upside Target	374.00
Upside Target	382.00
Upside Target	387.00

Intraday share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Intraday Target	291.13
Downside Intraday Target	282.12
Upside Intraday Target	312.03
Upside Intraday Target	323.92
Upside Intraday Target	303.02

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	300.15	294.00	314.90	294.00	0.67 times
31 Fri Jan 2025	302.20	304.05	311.00	288.60	0.9 times
24 Fri Jan 2025	319.70	331.00	348.85	318.05	1.034 times
17 Fri Jan 2025	333.35	346.40	349.80	324.05	0.707 times
10 Fri Jan 2025	353.00	374.00	374.00	344.05	1.273 times

Price has moved down 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 Megatherm Induction (MEGATHERM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	300.15	294.00	314.90	294.00	0.124 times
31 Fri Jan 2025	302.20	327.00	374.00	288.60	0.9 times
31 Tue Dec 2024	323.15	354.85	387.00	319.20	0.681 times
29 Fri Nov 2024	353.25	342.00	382.00	258.65	2.214 times

Scroll below to view daily charts

Price has moved down 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 Megatherm Induction (MEGATHERM_SM)

Price action analysis of Megatherm Induction ( (MEGATHERM_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 Megatherm Induction ( (MEGATHERM_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 Megatherm Induction ( (MEGATHERM_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 Megatherm Induction stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Megatherm Induction in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megatherm Induction Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megatherm Induction in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Megatherm Induction is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 302.18 and Megatherm Induction (MEGATHERM_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Megatherm Induction (MEGATHERM_SM) stock. Volume based technical analysis of Megatherm Induction (MEGATHERM_SM) stock is negative.

Megatherm Induction Stock has given negative 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.