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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)

Showing technical analysis as on 2024-07-18 View latest technical analysis

10 day averaged volume of Megastar Foods is 75867

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	303.20	314.20	314.40	302.00	0.229 times
16 Tue Jul 2024	308.80	327.90	327.90	306.00	0.436 times
15 Mon Jul 2024	323.95	363.95	374.50	318.25	4.103 times
12 Fri Jul 2024	334.05	284.00	334.05	280.00	3.633 times
11 Thu Jul 2024	278.40	284.00	288.00	276.15	0.184 times
10 Wed Jul 2024	280.50	275.90	284.00	270.00	0.505 times
09 Tue Jul 2024	273.20	260.00	276.00	255.85	0.69 times
08 Mon Jul 2024	257.65	260.20	262.95	256.00	0.074 times
05 Fri Jul 2024	260.20	260.80	263.00	256.05	0.088 times
04 Thu Jul 2024	259.40	259.95	263.00	255.55	0.088 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 295.7, but if it comes below 295.7, then a intra day sell could be more profitable.
If you take a sell trade below 295.7, then use 295.7 as stoploss and 268.86 as target. However if you take a buy trade in stock , then use 295.7 as stoploss and 328 as target.

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	302.00
Upside Target	308.95
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	278.63
Downside Intraday Target	254.07
Upside Intraday Target	351.13
Upside Intraday Target	399.07
Upside Intraday Target	326.57

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	303.20	363.95	374.50	302.00	0.938 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
18 Thu Jul 2024	303.20	253.25	374.50	248.00	4.366 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 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 Megastar Foods stock for short term is BUY. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 318.35 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 positive

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