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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 2024-07-23 View latest technical analysis

10 day averaged volume of Megastar Foods is 82721

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	302.10	310.00	310.30	289.80	0.213 times
22 Mon Jul 2024	307.80	292.05	314.30	272.30	0.766 times
19 Fri Jul 2024	292.05	301.00	303.35	288.30	0.197 times
18 Thu Jul 2024	303.20	314.20	314.40	302.00	0.21 times
16 Tue Jul 2024	308.80	327.90	327.90	306.00	0.4 times
15 Mon Jul 2024	323.95	363.95	374.50	318.25	3.763 times
12 Fri Jul 2024	334.05	284.00	334.05	280.00	3.332 times
11 Thu Jul 2024	278.40	284.00	288.00	276.15	0.169 times
10 Wed Jul 2024	280.50	275.90	284.00	270.00	0.463 times
09 Tue Jul 2024	273.20	260.00	276.00	255.85	0.633 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 304.2 as stoploss in an intra day sell trade for a target of 276.39. However, stock will show a bullish move above 304.2.

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	241.82
Downside Target	248.00
Downside Target	255.85
Downside Target	272.30
Downside Target	288.30
Downside Target	298.40
Upside Target	308.95
Upside Target	314.30
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	278.17
Downside Intraday Target	254.23
Upside Intraday Target	320.17
Upside Intraday Target	338.23
Downside Intraday Target	296.23

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	302.10	292.05	314.30	272.30	0.214 times
19 Fri Jul 2024	292.05	363.95	374.50	288.30	0.98 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

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 Megastar Foods (MEGASTAR)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	302.10	253.25	374.50	248.00	4.903 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 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 Megastar Foods ( (MEGASTAR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

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

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 buy signal for Megastar Foods in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 318.04 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.