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Megri Soft Limited

MEGRISOFT.BO•BSE
Technology
Information Technology Services
₹86.88
₹1.35(1.58%)
Indian Market opens in 12h 18m

Megri Soft Limited (MEGRISOFT.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Megri Soft Limited (BSE:MEGRISOFT.BO).

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

MEGRISOFT.BO Technical Analysis Summary

Megri Soft Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.42)
Trend Strength:Very Strong (ADX: 51.14)
Volatility:High (ATR: 7.64)
Support/Resistance:$64.03 – $97.29 (Bollinger Bands)

This mix signals that Megri Soft Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.42

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 78.48

Bullish
Buying momentum building without extremes.

Williams %R: -36.67

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.26

Neutral
Price change is minimal.

Takeaway:Megri Soft Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 51.14

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 7.64

High
High volatility, wide price fluctuations.

CCI (14): 57.45

Bullish
Bullish, momentum building upward.

Takeaway:Megri Soft Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$97.29
Middle Band (SMA 20)
$80.66
Lower Band
$64.03
Current Position
Within Bands

Takeaway:Megri Soft Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$97.42
Middle Line (EMA 20)
$82.15
Lower Channel
$66.87
Squeeze Status
No Squeeze

Takeaway:Megri Soft Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.79K
Money Flow Index56.80Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.63Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEGRISOFT.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Megri Soft Limited, here are the key trading signals and recommendations:

Bullish Signals

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

No significant bearish signals detected.

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

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