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(MEGASTAR) Megastar Foods complete technical analysis [charts+indicators] | Buy/Sell Megastar Foods | (MEGASTAR) share price targets

Complete technical analysis of Megastar Foods (MEGASTAR) by charts plus indicators, forecast predictions and share price targets for Megastar Foods (MEGASTAR)

10 day averaged volume of Megastar Foods is 5926

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	284.70	291.70	295.95	283.65	0.742 times
03 Fri May 2024	291.00	293.05	298.40	287.95	1.288 times
02 Thu May 2024	287.40	292.90	292.90	286.55	0.577 times
30 Tue Apr 2024	288.80	286.95	296.00	282.95	1.62 times
29 Mon Apr 2024	286.50	287.10	289.00	283.55	0.558 times
26 Fri Apr 2024	284.05	289.00	292.95	283.00	0.891 times
25 Thu Apr 2024	287.50	288.95	294.95	284.80	1.33 times
24 Wed Apr 2024	291.55	283.25	295.00	283.00	1.413 times
23 Tue Apr 2024	282.40	284.30	284.30	280.20	0.508 times
22 Mon Apr 2024	280.10	280.00	285.15	277.05	0.652 times

My analysis of stock is bearish for shortterm, and stock might move down till 281.5 or till 275.1. Use a stoploss of 286.79 and if the stock hits stoploss, then it can shoot up till 292.11

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	261.15
Downside Target	273.20
Upside Target	295.00
Upside Target	298.40
Upside Target	305.05
Upside Target	305.90
Upside Target	308.95
Upside Target	347.00
Upside Target	352.00
Upside Target	369.95
Upside Target	380.00

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	280.25
Downside Intraday Target	275.8
Upside Intraday Target	292.55
Upside Intraday Target	300.4
Upside Intraday Target	288.1

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	284.70	291.70	295.95	283.65	0.184 times
03 Fri May 2024	291.00	287.10	298.40	282.95	0.843 times
26 Fri Apr 2024	284.05	280.00	295.00	277.05	1.233 times
19 Fri Apr 2024	277.65	285.00	287.45	273.20	0.925 times
12 Fri Apr 2024	289.05	300.90	305.05	280.05	0.35 times

Price has moved down 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 Megastar Foods (MEGASTAR)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	284.70	292.90	298.40	283.65	0.096 times
30 Tue Apr 2024	288.80	269.00	308.95	266.35	0.362 times
28 Thu Mar 2024	264.35	347.00	347.00	261.15	0.703 times
29 Thu Feb 2024	340.45	361.05	369.95	305.90	1.585 times

Scroll below to view daily charts

Price has moved down 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 Megastar Foods (MEGASTAR)

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short 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 Megastar Foods ( (MEGASTAR) ) 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 Megastar Foods ( (MEGASTAR) ) based on a mid to longer 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.

ADX buy sell signal for Megastar Foods stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Megastar Foods in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megastar Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megastar Foods in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Megastar Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 287.41 and Megastar Foods (MEGASTAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Megastar Foods (MEGASTAR) stock. Volume based technical analysis of Megastar Foods (MEGASTAR) stock is negative.

Megastar Foods Stock is giving positive 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.