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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 2025-05-16 View latest technical analysis

10 day averaged volume of Mega Flex is 15300

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	64.50	59.60	64.50	59.60	0.588 times
14 Wed May 2025	62.70	60.55	62.70	60.55	0.392 times
13 Tue May 2025	63.70	62.00	63.70	59.85	0.588 times
12 Mon May 2025	63.00	62.95	63.00	62.95	0.392 times
09 Fri May 2025	60.60	63.00	63.00	60.60	0.392 times
08 Thu May 2025	63.75	64.05	64.05	59.80	0.98 times
07 Wed May 2025	62.95	64.05	64.05	62.95	0.588 times
06 Tue May 2025	63.80	62.95	63.80	62.95	1.176 times
05 Mon May 2025	60.80	64.05	64.05	60.80	0.98 times
02 Fri May 2025	64.00	62.00	64.05	61.30	3.725 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.4, but if it comes below 64.4, then a intra day sell could be more profitable.
If you take a sell trade below 64.4, then use 64.4 as stoploss and 57.96 as target. However if you take a buy trade in stock , then use 64.4 as stoploss and 72 as target.

Share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Target	40.00
Downside Target	44.85
Downside Target	46.55
Downside Target	48.65
Downside Target	55.00
Downside Target	58.40
Downside Target	59.60
Downside Target	59.80
Downside Target	61.00
Downside Target	64.05
Downside Target	64.50

Intraday share price targets for Mega Flex (MEGAFLEX_SM)

Target Type	Value
Downside Intraday Target	61.23
Downside Intraday Target	57.97
Upside Intraday Target	66.13
Upside Intraday Target	67.77
Downside Intraday Target	62.87

Weekly technical analysis of Mega Flex (MEGAFLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	64.50	62.95	64.50	59.60	0.476 times
09 Fri May 2025	60.60	64.05	64.05	59.80	0.808 times
02 Fri May 2025	64.00	55.00	64.05	55.00	2 times
25 Fri Apr 2025	56.00	49.30	56.00	49.30	13 times
15 Tue Apr 2025	47.00	47.00	47.00	47.00	0.111 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
16 Fri May 2025	64.50	62.00	64.50	59.60	1.613 times
30 Wed Apr 2025	61.00	47.25	61.00	44.85	5.167 times
28 Fri Mar 2025	47.25	47.00	47.25	46.55	0.143 times
19 Wed Feb 2025	58.40	40.65	58.40	40.65	0.737 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 Weak and stock is losing 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 green color and prices are above the green 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 and selling is picking up 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 63.35 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.