Munafa technical analysis MEGLON 511367 technical analysis buy or sell
Munafa technical analysis MEGLON 511367 technical analysis buy or sell Analysis of MEGLON 511367 to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 05 Mon Sep | 2.29 | 2.19 | 2.29 | 2.19 |
| 29 Mon Aug | 2.19 | 1.99 | 2.19 | 1.99 |
| 22 Mon Aug | 2.09 | 2.13 | 2.13 | 2.09 |
| 16 Tue Aug | 2.09 | 2.20 | 2.31 | 2.09 |
| 08 Mon Aug | 2.20 | 2.31 | 2.42 | 2.20 |
Stock of MEGLON closed at 2.29 and it opened at 2.19
It moved inside a range of 2.19 and 2.29
52 week High is 9.37 and 52 week Low is 1.99
Financial Year High is 5.05 and Low is 1.99
This year High is 9.37 and Low is 1.99
MEGLON 511367 Daily Analysis to buy or sell
As per my analysis of MEGLON 511367, 12 day returns for MEGLON 511367 have been negative, with total returns of -0.78, which is -25.41% with investment starting at 3.07.
An investment of 100,000 bucks in MEGLON would have become 74590 bucks today.
MEGLON 511367 moves in a range of 0 points on a day to day basis. This means that a total of approx 0 plus points of returns can be expected in a bullish day, and a total of 0 minus points can be expected in a bearish day.
This is about 0% of returns per day.
MEGLON Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MEGLON 511367 at this time.
It appears as if MEGLON 511367 gave a large move recently.
Stock of MEGLON (511367) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of MEGLON is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.2 as stoploss in an intra day buy trade for a target of 3.02. However, stock will show a bearish move below 2.2.
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of MEGLON 511367
Candle stick analysis of MEGLON as on 05 Mon Sep 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 4.6 HC: 0 LC: 4.6 OC: 4.6
MEGLON is moving towards a high expiry
Candle stick analysis of MEGLON as on 29 Mon Aug 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 10.1 HC: 0 LC: 10.1 OC: 10.1
MEGLON is moving towards a high expiry
Candle stick analysis of MEGLON as on 22 Mon Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 1.9 HC: 1.9 LC: 0 OC: 0
MEGLON is moving towards a low expiry
MEGLON is forming a DOJI candle
Candle stick analysis of MEGLON as on 16 Tue Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 10.5 HC: 10.5 LC: 0 OC: 5
MEGLON is moving towards a low expiry
Candle stick analysis of MEGLON as on 08 Mon Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 10 HC: 10 LC: 0 OC: 4.8
MEGLON is moving towards a low expiry
MEGLON 511367 Weekly Analysis to buy or sell
As per my analysis of MEGLON 511367, 12 week returns for MEGLON 511367 have been negative, with total returns of -0.94, which is -29.1% with investment starting at 3.23.
An investment of 100,000 bucks in MEGLON would have become 70900 bucks today.
MEGLON 511367 moves in a range of 0.1 points on a week to week basis. This means that a total of approx 0.1 plus points of returns can be expected in a bullish week, and a total of 0.1 minus points can be expected in a bearish week.
This is about 4.37% of returns per week.
Weekly Candle Stick analysis of MEGLON 511367
Candle stick analysis of MEGLON as on 05 Mon Sep 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 4.6 HC: 0 LC: 4.6 OC: 4.6
MEGLON is moving towards a high expiry
Candle stick analysis of MEGLON as on 29 Mon Aug 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 10.1 HC: 0 LC: 10.1 OC: 10.1
MEGLON is moving towards a high expiry
Candle stick analysis of MEGLON as on 22 Mon Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 1.9 HC: 1.9 LC: 0 OC: 0
MEGLON is moving towards a low expiry
MEGLON is forming a DOJI candle
Candle stick analysis of MEGLON as on 16 Tue Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 15.8 HC: 15.8 LC: 0 OC: 4.8
MEGLON is moving towards a low expiry
Candle stick analysis of MEGLON as on 01 Mon Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 0 HC: 0 LC: 0 OC: 0
MEGLON is forming a DOJI candle
MEGLON 511367 Monthly Analysis to buy or sell
As per my analysis of MEGLON 511367, 12 month returns for MEGLON 511367 have been negative, with total returns of -1.25, which is -35.31% with investment starting at 3.54.
An investment of 100,000 bucks in MEGLON would have become 64690 bucks today.
MEGLON 511367 moves in a range of 0.8 points on a month to month basis. This means that a total of approx 0.8 plus points of returns can be expected in a bullish month, and a total of 0.8 minus points can be expected in a bearish month.
This is about 34.93% of returns per month.
Monthly Candle Stick analysis of MEGLON 511367
Candle stick analysis of MEGLON as on 05 Mon Sep 2022 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 4.6 HC: 0 LC: 4.6 OC: 4.6
MEGLON is moving towards a high expiry
Candle stick analysis of MEGLON as on 29 Mon Aug 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 21.6 HC: 10.5 LC: 10.1 OC: 4.8
MEGLON is moving towards a low expiry
Candle stick analysis of MEGLON as on 25 Mon Jul 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 15.8 HC: 14.4 LC: 1.3 OC: 0
MEGLON is moving towards a low expiry
MEGLON is forming a DOJI candle
Candle stick analysis of MEGLON as on 27 Mon Jun 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 16.1 HC: 16.1 LC: 0 OC: 0
MEGLON is moving towards a low expiry
MEGLON is forming a DOJI candle
Candle stick analysis of MEGLON as on 30 Mon May 2022 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MEGLON are:
HL: 34.3 HC: 34.3 LC: 0 OC: 0
MEGLON is moving towards a low expiry
MEGLON is forming a DOJI candle
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