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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 2025-01-20 View latest technical analysis

10 day averaged volume of Megatherm Induction is 28000

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	341.65	331.00	344.00	322.15	0.671 times
17 Fri Jan 2025	333.35	337.80	337.80	330.00	0.371 times
16 Thu Jan 2025	335.95	331.05	336.95	328.00	1.071 times
15 Wed Jan 2025	329.60	335.00	337.60	324.05	0.8 times
14 Tue Jan 2025	332.45	336.00	337.45	326.55	0.914 times
13 Mon Jan 2025	335.35	346.40	349.80	335.35	0.986 times
10 Fri Jan 2025	353.00	356.95	356.95	346.25	1.186 times
09 Thu Jan 2025	360.50	368.00	368.00	359.15	0.671 times
08 Wed Jan 2025	367.65	359.00	372.95	357.00	1.914 times
07 Tue Jan 2025	358.60	348.00	361.90	344.05	1.071 times

My analysis of stock is bearish for shortterm, and stock might move down till 329.3 or till 313.4. Use a stoploss of 342.54 and if the stock hits stoploss, then it can shoot up till 355.78

Share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Target	258.65
Downside Target	318.70
Downside Target	341.50
Upside Target	364.35
Upside Target	373.60
Upside Target	374.00
Upside Target	382.00
Upside Target	382.25
Upside Target	387.00
Upside Target	483.50

Intraday share price targets for Megatherm Induction (MEGATHERM_SM)

Target Type	Value
Downside Intraday Target	327.87
Downside Intraday Target	314.08
Upside Intraday Target	349.72
Upside Intraday Target	357.78
Downside Intraday Target	335.93

Weekly technical analysis of Megatherm Induction (MEGATHERM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	341.65	331.00	344.00	322.15	0.162 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
03 Fri Jan 2025	368.25	333.00	373.60	318.70	1.75 times
27 Fri Dec 2024	333.50	340.50	341.50	329.50	0.496 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 Megatherm Induction (MEGATHERM_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	341.65	327.00	374.00	318.70	0.578 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
31 Thu Oct 2024	342.00	328.00	364.35	320.00	0.508 times

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megatherm Induction ( (MEGATHERM_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 Megatherm Induction ( (MEGATHERM_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 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 gaining 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 green color and prices are above the green 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 positive zone. This is a BUY zone

Stock of Megatherm Induction is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 347.92 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.