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Mega Flex Plastics Limited

MEGAFLEX.NS Technical Analysis Summary (NSE)

Analyze MEGAFLEX.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MEGAFLEX.NS●NSE
Consumer CyclicalPackaging & Containers
₹95.00
₹0.00(0.00%)
Indian Market is Open · 13:07

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEGAFLEX.NS Technical Analysis Summary (NSE)

Mega Flex Plastics Limited (NSE: MEGAFLEX.NS) stock currently shows a bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 28.99)
Trend Strength:Very Strong (ADX: 77.13)
Volatility:Medium (ATR: 3.24)
Support/Resistance:$90.21 – $112.95 (Bollinger Bands)

Technical conditions suggest Mega Flex Plastics Limited on the NSE is awaiting a decisive move. This mix signals that Mega Flex Plastics Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 28.99

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 51.68

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.76

Bearish
Selling pressure outweighs buying.

Takeaway:Mega Flex Plastics Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -7.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 77.13

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3.24

Medium
Medium volatility, healthy price movement.

CCI (14): -110.37

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Mega Flex Plastics Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$112.95
Middle Band (SMA 20)
$101.58
Lower Band
$90.21
Current Position
Within Bands

Takeaway:Mega Flex Plastics Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$109.94
Middle Line (EMA 20)
$103.46
Lower Channel
$96.97
Squeeze Status
No Squeeze

Takeaway:Mega Flex Plastics Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-4.00K
Money Flow Index81.80Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index15.99Bearish, price momentum favors sellers.

Overall Takeaway:MEGAFLEX.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mega Flex Plastics Limited (NSE: MEGAFLEX.NS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mega Flex Plastics Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NSE: MEGAFLEX.NS) Technical Analysis FAQ