Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-07-15 View latest technical analysis

10 day averaged volume of Megastar Foods is 42952

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	323.95	363.95	374.50	318.25	7.247 times
12 Fri Jul 2024	334.05	284.00	334.05	280.00	6.417 times
11 Thu Jul 2024	278.40	284.00	288.00	276.15	0.325 times
10 Wed Jul 2024	280.50	275.90	284.00	270.00	0.892 times
09 Tue Jul 2024	273.20	260.00	276.00	255.85	1.218 times
08 Mon Jul 2024	257.65	260.20	262.95	256.00	0.13 times
05 Fri Jul 2024	260.20	260.80	263.00	256.05	0.155 times
04 Thu Jul 2024	259.40	259.95	263.00	255.55	0.155 times
03 Wed Jul 2024	258.75	250.05	261.15	248.60	0.353 times
02 Tue Jul 2024	250.05	252.75	254.20	248.00	0.136 times

Stock of Megastar Foods (MEGASTAR) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 316.7, for a target of 287.8 or 263.7

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	241.82
Downside Target	255.85
Downside Target	266.35
Downside Target	298.40
Downside Target	308.95
Downside Target	318.25
Upside Target	334.05
Upside Target	347.00
Upside Target	374.50

Intraday share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Intraday Target	303.3
Downside Intraday Target	282.65
Upside Intraday Target	359.55
Upside Intraday Target	395.15
Upside Intraday Target	338.9

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	323.95	363.95	374.50	318.25	0.807 times
12 Fri Jul 2024	334.05	260.20	334.05	255.85	8.824 times
05 Fri Jul 2024	260.20	253.25	263.00	248.00	1.356 times
28 Fri Jun 2024	252.98	253.45	257.15	241.82	0.905 times
21 Fri Jun 2024	252.15	261.00	264.60	245.00	0.938 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
15 Mon Jul 2024	323.95	253.25	374.50	248.00	4.088 times
28 Fri Jun 2024	252.98	258.00	266.00	215.00	0.881 times
31 Fri May 2024	247.75	292.90	298.40	242.10	1.283 times
30 Tue Apr 2024	288.80	269.00	308.95	266.35	0.362 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Megastar Foods 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.

Megastar Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Megastar Foods in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 317.36 and Megastar Foods (MEGASTAR) 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 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 positive

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