Is Megatherm Induction Ltd. stock a buy or sell right now?

Megatherm Induction Ltd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Megatherm Induction Ltd.’s RSI?

RSI is 53.64, showing balanced momentum within the normal range.

What does MACD indicate for MEGATHERM.NS?

MACD at -6.36 shows bearish pressure, with downside momentum building.

What are Megatherm Induction Ltd.’s key support and resistance levels?

Support sits around $174.35, while resistance is near $218.51.

Megatherm Induction Ltd.

MEGATHERM.NS•NSE

Industrials

Industrial - Machinery

₹203.45

₹11.15(5.80%)

Indian Market opens in 44h 13m

Megatherm Induction Ltd. (MEGATHERM.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Megatherm Induction Ltd. (NSE:MEGATHERM.NS).

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

MEGATHERM.NS Technical Analysis Summary

Megatherm Induction Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 53.64)

Trend Strength:Moderate (ADX: 27.10)

Volatility:High (ATR: 10.28)

Support/Resistance:$174.35 – $218.51 (Bollinger Bands)

Technical conditions suggest Megatherm Induction Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.64

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 48.94

Neutral

Mid-range signal with no clear trend.

Williams %R: -14.12

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 0.22

Neutral

Price change is minimal.

Takeaway:Megatherm Induction Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -6.36

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 27.10

Moderate

Moderate trend, direction gaining strength.

ATR (14): 10.28

Rising

Rising volatility, market activity increasing.

CCI (14): 61.36

Bullish

Bullish, momentum building upward.

Takeaway:Megatherm Induction Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$218.51

Middle Band (SMA 20)

$196.43

Lower Band

$174.35

Current Position

Within Bands

Takeaway:Megatherm Induction Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$215.94

Middle Line (EMA 20)

$195.38

Lower Channel

$174.83

Squeeze Status

No Squeeze

Takeaway:Megatherm Induction Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume-363.20K

Money Flow Index36.95Bearish, selling pressure outweighs inflows.

Relative Vigor Index42.60Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MEGATHERM.NS shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary

Based on the current technical analysis of Megatherm Induction Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Megatherm Induction Ltd. are mixed, suggesting a Hold or wait-and-see approach.