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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 2024-07-31 View latest technical analysis

10 day averaged volume of Megastar Foods is 19097

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	302.35	312.30	312.30	301.15	0.364 times
30 Tue Jul 2024	303.25	295.00	310.00	293.90	0.468 times
29 Mon Jul 2024	293.50	308.90	309.00	292.00	0.403 times
26 Fri Jul 2024	307.25	300.70	312.50	300.70	0.489 times
25 Thu Jul 2024	299.10	305.00	310.00	297.00	0.271 times
24 Wed Jul 2024	306.80	303.70	313.50	302.95	0.632 times
23 Tue Jul 2024	302.10	310.00	310.30	289.80	0.923 times
22 Mon Jul 2024	307.80	292.05	314.30	272.30	3.319 times
19 Fri Jul 2024	292.05	301.00	303.35	288.30	0.851 times
18 Thu Jul 2024	303.20	314.20	314.40	302.00	0.909 times

My analysis of stock is bullish for shortterm, and stock might move up till 314.2 or till 340.1. Use a stoploss of 292.62 and if this stock hits its stoploss, then it can fall down till 271.05

Share price targets for Megastar Foods (MEGASTAR)

Target Type	Value
Downside Target	215.00
Downside Target	242.10
Downside Target	248.00
Downside Target	255.85
Downside Target	261.15
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	292.13
Downside Intraday Target	281.92
Upside Intraday Target	312.43
Upside Intraday Target	322.52
Downside Intraday Target	302.22

Weekly technical analysis of Megastar Foods (MEGASTAR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	302.35	308.90	312.30	292.00	0.219 times
26 Fri Jul 2024	307.25	292.05	314.30	272.30	0.285 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

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
31 Wed Jul 2024	302.35	253.25	374.50	248.00	5.18 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Megastar Foods ( (MEGASTAR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.

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

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 weakening, and bulls are picking up momentum!

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

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 303.63 and Megastar Foods (MEGASTAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.